Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange.
Why did James Monroe and Robert Livingston act quickly to buy the Louisiana Territory? President Jefferson had told them to buy the entire territory. They disagreed with President Jefferson about the price. President Jefferson did not have the authority to approve the purchase. They were afraid that Napoleon might change his mind. James Monroe and Robert Livingston act quickly to buy the Louisiana Territory because President Jefferson had told them to buy the entire territory. Log in to see link for more information. Added 2/20/2015 1:50:27 AM. This answer has been confirmed as correct, not copied, and helpful.
When Thomas Jefferson purchased the Louisiana Territory from France, he altered the shape of a nation and the course of history. The Louisiana Purchase nearly doubled the size of the United States and the cost of about four cents an acre was a breathtaking bargain. (The Granger Collection, New York)