What was the "Mississippi Scheme"?

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asked Jun 1, 2020 62.1k views

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Ashish Banker · Answer 1 · 2020-06-03T23:43:16+0000

Answer:

plan formulated by John Law for the colonization and commerical exploitation of the Mississippi valley and other french colonial areas.

Wilkins · Answer 2 · 2020-06-05T10:20:39+0000

Answer:Mississippi Scheme, plan formulated by John Law for the colonization and commercial exploitation of the Mississippi valley and other French colonial areas. ... Its shares first depreciated in value but rose rapidly when Law, director of the new royal bank, promised to take over the stock at par at an early date.

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What was the "Mississippi Scheme"?

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