What Triggered Thomas Jefferson's Decision to Make the Louisiana Purchase

question 44

Multiple Choice

What triggered Thomas Jefferson's decision to make the Louisiana Purchase?

• A) Spain closed the port of New Orleans to American commerce.
• B) Great Britain invaded Cuba.
• C) The citizens of New Orleans petitioned him to do so.
• D) Napoleon sent troops to the Dominican Republic.
• E) Jefferson realized that the U.S. would gain Florida as well.

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Definitions:

Economic Conditions

The state of the economy at a given time, including factors such as employment rates, inflation rates, and gross domestic product.

Speculative Motive

The intention to hold cash or assets in anticipation of making profits from expected changes in their prices or exchange rates in the future.

Inflation

The pace at which the overall cost of goods and services increases, causing the value of money to decrease.

Money Supply

The total volume of economic monetary assets, such as cash, coins, and the balances in checking and savings accounts, at a specific period.