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Market for northern industry and southern agriculture
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How have latin American nations tried to achieve economic independence?
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
This department promotes American interests in foreign trade maintaining a network of offices that report on the business activity in foreign nations?
The Department of Commerce is responsible for promoting American interests in foreign trade by maintaining a network of offices that report on business activity in foreign nations. Through these efforts, the department aims to facilitate economic growth and enhance international trade opportunities for American businesses.
What about Dollar Diplomacy in Latin America is true?
Dollar Diplomacy in Latin America referred to the use of economic leverage by the United States to advance its political interests in the region. It involved the encouragement of American investments and loans in these countries to strengthen US influence. However, it was criticized for prioritizing American business interests over the sovereignty of Latin American nations.
How might the presence of the canal have seemed threatening to Latin American nations?
The presence of the canal might have seemed threatening to Latin American nations as it could have been viewed as a symbol of foreign dominance and control over their territory and resources. This could raise concerns about sovereignty, security, and potentially create economic imbalances by favoring the interests of the canal's operators over those of the local nations.
In many Latin American nations reliance on the production of a single cash crop has led to?
economic dependance on other nations
What was a questionable extension of a traditional American policy whichdeclared an American right to intervene in Latin American nations under certain circumstances?
The Roosevelt Corollary to the Monroe Doctrine was a questionable extension of traditional American policy that declared the US' right to intervene in Latin American nations under certain circumstances. It asserted American power to protect its economic interests and maintain stability in the region. However, its implementation often resulted in military interventions and unilateral actions that interfered with the sovereignty of Latin American nations.
What are the terms of the embargo act passed by congress?
The Embargo Act of 1807, passed by Congress, aimed to prohibit American ships from trading with foreign nations, particularly in response to British and French interference with American shipping and impressment of sailors. The act was intended to apply economic pressure on these nations and protect American interests but ultimately led to significant economic distress within the United States. It was highly unpopular and was repealed in 1809, as it failed to achieve its objectives and caused widespread hardship among American merchants and farmers.
What were Wilson's actions in the Caribbean?
Wilson dispatched troops to several Caribbean nations to protect American interests and maintain political stability, including interventions in Haiti, the Dominican Republic, and Nicaragua. These actions were motivated by concerns over political instability, economic interests, and a desire to prevent European intervention in the region.
What economic problems did Central American and Caribbean Nations face after World War 2?
Overdependence on foreign nations and a dramatic increase in population.
Which department promotes American interests in foreign trade and maintaining a network of officers that report on the business activity in foreign nations?
Commerce
What type of national interests does every nation have?
all nations try to protect the interests of the nation as a whole.
What are two major sources of income for the people of the west indies?
The West Indies were a source of great economic fortune for European nations. Sugar and the slave tradeÊwere two of the greatest economic interests in the area.
