USA HISTORY

Whose policy was to strengthen foreign policy by guaranteeing loans made to foreign countries?

(A) Queen Liliuokalani’s “More Sugar” policy

(B) T.Roosevelt’s “Speak softly and carry a big stick” policy

(C) Pierce’s “Avoid the possibility of mistakes” policy

(D) ** Taft’s “Dollar Diplomacy” policy

Concept note-1: -Dollar Diplomacy, 1909–1913 From 1909 to 1913, President William Howard Taft and Secretary of State Philander C. Knox followed a foreign policy characterized as “dollar diplomacy.”

Concept note-2: -Dollar Diplomacy, foreign policy created by U.S. Pres. William Howard Taft (served 1909–13) and his secretary of state, Philander C. Knox, to ensure the financial stability of a region while protecting and extending U.S. commercial and financial interests there.

Concept note-3: -President Taft, like RooseveltPresident from 1901-1909, favored an imperialistic approachprocess whereby stronger nations attempt to dominate weaker nations, but with dollars instead of guns.