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what was the The Mississippi Bubble
Law developed a scheme to reduce France’s national debt by selling shares in the Mississippi Company, which promised wealth from Louisiana’s resources.
when was the Mississippi bubble
Peak years: 1717–1720.
Where was the Mississippi bubble
Centered in France (Paris), but tied to Louisiana (Mississippi Valley).
what was the significance of Mississippi bubble
The collapse ruined many investors and led to public distrust of paper money and banks in France.