THE PROGRESSIVE ERA 1900 1917
PROGRESSIVE POLITICS
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Question
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Dollar Diplomacy
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Policy, popularized by Teddy Roosevelt, which signified that the U.S. would negotiate peacefully while maintaining military strength
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Policy, popularized by William H. Taft, which used America’s financial power to extend its international influence
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Policy, popularized by Woodrow Wilson, in which the U.S. pledged to support only those countries whose values & beliefs aligned with our own
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Policy, popularized by Harry Truman, of providing economic and military aid to any country threatened by communism or totalitarian ideology
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Explanation:
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". It was a policy whereby American influence would be exerted primarily by American banks and financial interests, supported in part by diplomats.
Detailed explanation-2: -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. U.S. interference in Nicaragua, China, and Mexico in order to protect American interests are examples of dollar diplomacy in action.
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