HISTORY
THE AGE OF IMPERIALISM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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provide money and foreign investment
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serve as an international police power
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promote democracy and moral progress
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support the Monroe Doctrine
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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: -Definition of ‘dollar diplomacy’ 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.
Detailed explanation-3: -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.
Detailed explanation-4: -The correct answer is: A. financially backing the construction of the Panama Canal .