AMERICAN IMPERIALISM 1890 1919
AMERICAN IMPERIALISM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Big Stick Philosophy
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Dollar Diplomacy
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Moral Diplomacy
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Open Door Policy
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Detailed explanation-1: -From 1909 to 1913, President William Howard Taft and Secretary of State Philander C. Knox followed a foreign policy characterized as “dollar diplomacy.”
Detailed explanation-2: -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-3: -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]).
Detailed explanation-4: -Dollar diplomacy is the term applied to American foreign policy under President William Howard Taft and his secretary of state, Philander C. Knox, to ensure the financial stability of Latin American and East Asian countries, while also expanding U.S. commercial interests in those regions.