aug 4, 1916 - Virgin Islands
Description:
The United States purchases the Virgin Islands from Denmark for $25 million and would take possession of the islands on March 31 of the next year. This didn't affect the inflation rate or consumer confidence. However, it did bring more money into the economy with extra business and land brought into the economy.Added to timeline:
Date:
aug 4, 1916
Now
~ 109 years ago