USA HISTORY

Detailed explanation-1: -The European powers, according to Monroe, were obligated to respect the Western Hemisphere as the United States’ sphere of interest. President James Monroe’s 1823 annual message to Congress contained the Monroe Doctrine, which warned European powers not to interfere in the affairs of the Western Hemisphere.

Detailed explanation-2: -European countries, in general, largely ignored the Monroe Doctrine since the United States at the time lacked the military power or prowess to enforce its foreign policy.

Detailed explanation-3: -Great Britain shared the general objective of the Monroe Doctrine, and even wanted to declare a joint statement to keep other European powers from further colonizing the New World. The British feared their trade with the New World would be harmed if the other European powers further colonized it.

Detailed explanation-4: -Purpose Behind the Monroe Doctrine By the early 1820s, many Latin American countries had won their independence from Spain or Portugal, with the U.S. government recognizing the new republics of Argentina, Chile, Peru, Colombia and Mexico in 1822.

Detailed explanation-5: -Although initially disregarded by the great powers of Europe, the Monroe Doctrine became a mainstay of U.S. foreign policy.