Market for northern industry and southern agriculture
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
Economic System
Having tasted economic independence for too long a period,the American colonist had no desire to return to the mercantilist policies endured by the colonies of the other European nations.
Brandon
An economic advantage for a developed nations sometimes allow them to exploit developing nations. For instance, more money and resources allow bigger nations to exploit labor in undeveloped nations.
Market for northern industry and southern agriculture
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
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.
economic dependance on other nations
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.
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.
Overdependence on foreign nations and a dramatic increase in population.
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.
all nations try to protect the interests of the nation as a whole.
Commerce
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.
To create a customs union for nations in the Americas aimed at improving economic relations.