Yahoo Web Search

Search results

  1. The Mississippi Company (French: Compagnie du Mississippi; founded 1684, named the Company of the West from 1717, and the Company of the Indies from 1719) was a corporation holding a business monopoly in French colonies in North America and the West Indies.

    • 1721
    • France
  2. Mar 23, 2021 · The Mississippi Company was a French trading company that monopolized the U.S. colonies in the 18th century. It became a symbol of a speculative bubble that burst in 1720, causing economic chaos in France and Europe.

    • Will Kenton
  3. Mar 22, 2024 · This is just a selection of resources for those interested in studying the Mississippi Company and the South Sea Company. There are resources in the General Resources section of this guide that also cover the two companies whose rise and fall played a large part in the trade of North America and the Atlantic.

  4. The colony of Louisiana's connection to the Mississippi River gave rise to the company's more popular name, The Mississippi Company. Law's company had exclusive trading privileges in the territory for twenty-five years; it could appoint its own governor and officers in the colony and make land grants to potential developers.

  5. People also ask

  6. Mar 20, 2024 · BP. Last updated 03/20/2024 by. Bamigbola Paul. Edited by. Fact checked by. Summary: The Mississippi Company, a pivotal player in 18th-century France, serves as a cautionary tale of speculative bubbles. This article delves into its history, the impact on the French economy, and the lessons it offers about the consequences of unchecked speculation.

  7. May 31, 2023 · The Mississippi Bubble was a financial crisis in 18th-century France caused by speculation in the Mississippi Company's shares and paper currency. Learn how it started, how it burst and what it taught us about economic bubbles.

  8. Jan 10, 2014 · Learn how John Law's Mississippi Company used paper money and credit to finance trade and pay off France's debt, but triggered hyperinflation and a stock market crash in 1720. Explore the lessons for modern monetary policy and fiscal union in Europe.

  1. People also search for