AMERICAN IMPERIALISM 1890 1919
AMERICAN IMPERIALISM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the US had a moral duty to help nations in need
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the US should invest in foreign nations and US interests in these nations
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the US should spread democracy to the backwards nations of Latin America
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the US needed to remove itself for poor investments in foreign nations
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Detailed explanation-1: -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.
Detailed explanation-2: -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: -Definition of ‘dollar diplomacy’ 1. the policy of using the economic power or influence of a government to promote and protect in other countries the business interests of its private citizens, corporations, etc. 2. the use of economic power by a country to further foreign policy goals.
Detailed explanation-4: -U.S. interference in Nicaragua, China, and Mexico in order to protect American interests are examples of dollar diplomacy in action.