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.
Louisiana would supply needed funds to wage war there. Napoleon directed his ministers, Talleyrand and Barbe-Marbois, to offer the entire Louisiana territory to the United States - and quickly. On April 11, 1803, Talleyrand asked Robert Livingston how much the United States was prepared to pay for Louisiana. Livingston was confused, as his instructions only covered the purchase of New Orleans and the immediate area, not the entire Louisiana territory. James