Question

What was the "Mississippi Scheme"?

Answer 1

Answer:Mississippi Scheme, plan formulated by John Law for the colonization and commercial exploitation of the Mississippi valley and other French colonial areas. ... Its shares first depreciated in value but rose rapidly when Law, director of the new royal bank, promised to take over the stock at par at an early date.

Explanation:

Answer 2

Answer:

plan formulated by John Law for the colonization and commerical exploitation of the Mississippi valley and other french colonial areas.