USA HISTORY

AMERICAN IMPERIALISM(1890 1919)

AMERICAN IMPERIALISM

[SOURCES]
What was the goal of President Taft’s Dollar Diplomacy?

(A) Help US allies increase readiness of armed forces

(B) Raise living standards of people in poverty-stricken countries

(C) Support development of democracies in Central America

(D) ** Create stability abroad for benefit of US commercial interests

EXPLANATIONS BELOW

Concept note-1: -President Taft was more committed to the expansion of U.S. foreign trade than was Roosevelt. He pursued a program, known as “dollar diplomacy, ” designed to encourage U.S. investments in South and Central American, the Caribbean, and the Far East.