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How did the Roosevelt Corollary lead to dollar diplomacy?
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
How did Roosevelt corollary lead the dollar diplomacy?
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
How did Roosevelt Corollary lead to dollar diplomacy?
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
How did the Roosevelt lead to dollar diplomacy?
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
What is william Tafts dollar diplomacy?
He used and expanded on the Roosevelt Corollary, which allowed the US to interfere with the business of other nations if they were "politically or financially unstable." He justified his protecting Panama Canal with this. The dollar diplomacy was the term given to his policy of guaranteeing loans made to foreign countries.
Who used dollar diplomacy to regulate foreign powers?
Roosevelt
What president came up with the dollar diplomacy?
Theodore Roosevelt
The Roosevelt corollary protected these us interests?
The Roosevelt Corollary protected economic interests.
What is it meant by big stick diplomacy and how is that related to the Roosevelt's corollary?
Roosevelt, in his corollary to the Monroe Doctrine, stated we must "Speak Softly and Carry a Big Stick." Basically, this means that we must negotiate diplomatically but be ready to use force (a stick) when necessary while negotiating with foreign powers.
When Roosevelt issued the Roosevelt corollary the document he was amending was called the?
When the Roosevelt Corollary was issued, it amended the Monroe Doctrine.
Who did Theodore Roosevelt issued the Roosevelt Corollary to?
The Roosevelt Corollary was mainly aimed towards the Europeans that were intervening with affairs in the Americas.
Explain the difference between roosevlets big stick diplomacy and Tafts dollar diplomacy?
Roosevelt's Corollary was an addition to the Monroe Doctrine that declared the United States could intervene, or use military force to keep peace, in Latin American countries when necessary. Dollar Diplomacy focused on business. Taft believed the United States should invest in other countries to maintain and increase its power. Wall street bankers backed loans made by US business to foreign countries. Basically, Roosevelt's "big stick" was military and Taft's "big stick" was business.
