Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
Dollar diplomacy was an extension of the Roosevelt Corollary in the sense that Roosevelt tried to eliminate European
Roosevelt
Theodore Roosevelt
Dollar Diplomacy was originally a term coined by President Theodore Roosevelt. However, the economic policy was followed most consistently by President William Howard Taft.
Dollar diplomacy
Theodore Roosevelt's aggressive diplomacy was referred to as "The Big Stick".
There were two goals that Roosevelt had when making the policy and Taft dollar towards Latin America. The two goals that Roosevelt has were power and money.
taft
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.