AMERICAN IMPERIALISM 1890 1919
AMERICAN IMPERIALISM
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dollar Diplomacy
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Big Stick Diplomacy
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Moral Diplomacy
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Open Door Policy
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Detailed explanation-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.
Detailed explanation-2: -Dollar Diplomacy was meant to support the independence of Latin American countries from their European counterparts while also subtly, or blatantly, encouraging countries to take assistance from the United States.
Detailed explanation-3: -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.
Detailed explanation-4: -In what became known as “dollar diplomacy, ” Taft announced his decision to “substitute dollars for bullets” in an effort to use foreign policy to secure markets and opportunities for American businessmen ([link]).