WORLD WAR I
CAUSES AND COURSE OF THE WAR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
to help European nations avoid war
|
|
|
to expand United States influence in China
|
|
|
to protect United States investments in Latin America
|
|
|
to support welfare programs for immigrants to the United States
|
Detailed explanation-1: -Under the name of Dollar Diplomacy, the Taft administration engineered such a policy in Nicaragua. It supported the overthrow of José Santos Zelaya and set up Adolfo Díaz in his place; it established a collector of customs; and it guaranteed loans to the Nicaraguan government.
Detailed explanation-2: -Dollar diplomacy refers to the U.S. foreign policy created by President William Howard Taft and Secretary of State Philander C. Knox in 1912. 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.
Detailed explanation-3: -American investments achieved moderate success under Dollar Diplomacy, depending on the part of the world they operated. In China, for example, they failed miserably, as the Qing Dynasty there fell in 1911 shortly after buying stock in American railroad companies that turned out to have little value.
Detailed explanation-4: -Taft Advances U.S. Economic Interests His policy, which became known as Dollar Diplomacy, was to encourage and protect American trade and investment in Latin America and Asia. Taft believed that a strong economic presence abroad would advance American interests.