USA HISTORY

AMERICAN IMPERIALISM(1890 1919)

THE UNITED STATES IN WORLD WAR I

[SOURCES]
During the early 20th century, how did Presidents William Taft and Woodrow Wilson use the concept of dollar diplomacy?

(A) to help European nations avoid war

(B) to expand United States influence in China

(C) ** to protect United States investments in Latin America

(D) to support welfare programs for immigrants to the United States

EXPLANATIONS BELOW

Concept note-1: -Dollar diplomacy refers to the U.S. foreign policy created by President William Howard Taft and Secretary of State Philander C. Knox in 1912. Dollar Diplomacy sought to bolster the struggling economies of Latin American and East Asian countries while also expanding U.S. commercial interests in those regions.

Concept note-2: -How were the policies of Taft and Wilson toward Latin America similar and how were they different? Neither wanted military intervention, but rather wanted to use economics to influence countries. Wilson felt a moral obligation and wanted democracy as well.

Concept note-3: -How did William Howard Taft use U.S. economic power to address the issue of Latin American debt owed to European countries? A. He provided economic incentives to encourage Latin American countries to repay their debts more quickly.