The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
American investments in Latin America increased.
He made the Dollar Diplomacy
I am pretty sure it is called dollar diplomacy.
Tafts dollar diplomacy was created to protect US businesses in foreign countries. It is a foreign policy created US president William Howard Taft.
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.
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
Americans invested in banks, business, and resources in Latin America
Americans invested in banks, business, and resources in Latin America
Americans invested in banks, business, and resources in Latin America
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.
Dollar diplomacy