Want this question answered?
The Dollar Diplomacy
dollar diplomacy
dollar diplomacy
dollar diplomacy
The Dollar Diplomacy failed to counteract economic stability of revolution places like Mexico, Dominican Republic, China, and Nicaragua. These countries did not did not invest in U.S. capital in foreign countries.
The percentage of Americans that invest in capital markets is: 32%.
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.
Don't hold on to the dollar. Either invest it in buying a house or precious metals (such as gold) or you could invest it in another currency like the Euro.
Invest into a company and buy stocks.
Invest in blue chip stocks.
Banks invest in various ventures in order to make money from the money their customers invest.
Roosevelt's Corollary supported the doctrine that declared the United States could intervene, or use military force to keep peace, in Latin American countries when necessary. Taft believed the United States should invest in other countries to countries. Woodrow Wilson followed Moral Diplomacy, which is also known as Missionary Diplomacy, the idea of refusing to recognize governments that were not democratic