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Businessmen wanted the United States to expand into the Pacific for several reasons, primarily to access new markets for their goods and services, which could boost profits. The Pacific region offered abundant Natural Resources, such as sugar, rubber, and minerals, which were attractive for investment and trade. Additionally, expansion was seen as a way to strengthen American geopolitical influence and secure strategic naval bases in the region, facilitating both trade and military presence. Overall, economic opportunities and competitive advantage drove their desire for expansion.

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What is an example of a capitalist country or state?

The country most identified with capitalism and its development is the United States of America. As one of the main examples of a non-monarchial industrial republic, its society developed around entrepreneurs and corporations rather than aristocracy.


Which department works to improve and maintain famr income and to expand agricultural markets for farm products?

The United States Department of Agriculture (USDA) works to improve and maintain farm income while expanding agricultural markets for farm products. Through various programs and initiatives, the USDA provides support to farmers, promotes sustainable agricultural practices, and facilitates access to domestic and international markets. Its efforts aim to enhance the overall economic viability of the agricultural sector.


What are the function of business finance?

Finance is part of business and industry. Finance entails having the funds to expand markets, pay off debts and managing internal affairs of a company or even a country. Finding the funds to finance objectives is what finance is all about. As a current example, the economy of the United States remains the largest one in the world. The debt of the United States is overwhelming. Yet the Congress has just authorized yet another raising of the debt ceiling. Will the allowable debt ceiling be "unfinanced?" The answer is the debt will be financed, by the same methods that it always has been. The US Treasury Department will receive monies from the sale of Treasury securities and by raising taxes. This is a debatable question. The debate revolves around the question of where will investors place their investment funds. The choices other than US Bonds becomes limited.


Why do firms expand?

So that they can make more money.


For an economy to grow and expand there must be in increase in what?

Savings.

Related Questions

Why did businesmen wants the US to expand into the Pacific?

In order to make money in Pacific territories and nations.


Why did businesmen want the US to expand to the pacific?

In order to make money in Pacific territories and nations.


What did the idea of manifest destiny mean?

The United States should reach from the Atlantic Ocean to the Pacific Ocean.Manifest destiny was the idea that it was the nation's destiny to expand across the continent to the Pacific.


Manifest Destiny was the .?

The Manifest Destiny was an idea made popular in the 1800's by John Louis O'Sullivan that the United States must expand its boundaries to the Pacific Ocean. Answer: The idea that the United States must expand westward


Manifest Destiny was the belief that the US should?

Move westward at any cost. The citizens of the United States had a God-given right to conquer the land to the Pacific Ocean.


Why did the US expand to Alaska and to islands in the pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.


Why did the US expand to Alaska and to the island in the pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.


Why did the US expand to Alaska and to island in the pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.


Why did the US expand Alaska and to islands in the pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.


Why did the use expand to Alaska and to islands in the pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.


Why did the US expand to Alaska and islands in the pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.


Why did the US expand to Alaska and the island in the Pacific?

The US expanded because many Americans believed the United States needed to expand to keep its economy strong.