<span>President Thomas </span>Jefferson<span> commissioned the Corps of Discovery Expedition (1804-06), led by Meriwether Lewis and William Clark, to explore the territory acquired in the </span>Louisiana Purchase<span>, among other objectives. In 1801, Spain signed a secret treaty with France to return </span>Louisiana<span> Territory to France.</span>
The white southerners viewed slavery as more of a right than a "privilege." The believed that they were superior and they shouldn't have to do their own work when Africans could do it for them.
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The U.S. economic system of free enterprise operates according to five main principles: the freedom to choose our businesses, the right to private property, the profit motive, competition, and consumer sovereignty. also known as capitalism.
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A third of all banks failed. 1 Unemployment rose to 25%, and homelessness increased. 2 Housing prices plummeted 67%, international trade collapsed by 65%, and deflation soared above 10%. 3 4 It took 25 years for the stock market to recover.
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