USA HISTORY

Which of the following foreign policies was used to acquire the land necessary to build a canal in Panama?

(A) ** Big Stick Policy

(B) Dollar Diplomacy

(C) Moral Diplomacy

(D) Treaty of Paris

Concept note-1: -Big stick ideology, big stick diplomacy, or big stick policy refers to President Theodore Roosevelt’s foreign policy, “speak softly and carry a big stick; you will go far".

Concept note-2: -President Theodore Roosevelt’s assertive approach to Latin America and the Caribbean has often been characterized as the “Big Stick, ” and his policy came to be known as the Roosevelt Corollary to the Monroe Doctrine.

Concept note-3: -In his new role, Bunau-Varilla negotiated the Hay-Bunau-Varilla Treaty of 1903, which provided the United States with a 10-mile wide strip of land for the canal, a one-time $10 million payment to Panama, and an annual annuity of $250, 000. The United States also agreed to guarantee the independence of Panama.

Concept note-4: -The Big Stick Diplomacy wanted to imperialize or civilize smaller nations with military force. The Dollar Diplomacy wanted to increase American investments in businesses and banks throughout Central America and the Caribbean, by substituting dollars for bullets.