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Dollar diplomacy refers to the foreign policy strategy employed by the United States, particularly during the early 20th century, aimed at promoting American financial interests abroad. It sought to use economic investments and loans to influence and stabilize countries, particularly in Latin America and Asia, rather than through military intervention. This approach aimed to create favorable conditions for American businesses while also fostering political stability in the target nations. Ultimately, dollar diplomacy highlighted the interplay between economics and foreign policy in expanding U.S. influence globally.

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Related Questions

Who rejected the dollar diplomacy idea?

taft


Americas monetary involvement in latin America was called?

Dollar diplomacy


What is a Sentence using dollar diplomacy?

Dollar diplomacy refers to the use of a country's financial power to influence international relations. An example of dollar diplomacy is when a country provides loans or investments to another country in exchange for political influence or favorable treatment.


Which president favored dollar diplomacy and what was dollar diplomacy in 1899 to 1913?

taft


Information on Taft's Dollar Diplomacy?

President Taft engaged in what came to be known as Dollar Diplomacy from 1909 to 1913. The idea behind it was that the purpose of peace and stability in Latin America was to protect America's financial and business interests.


Who created the policy name dollar diplomacy?

Benjamin Harrison created the policy named dollar diplomacy in 1894.


How were dollar diplomacy and big stick diplomacy different?

STICKS


President Taft instituted an imperialist policy in the early 20th century called?

---- Answer: Dollar Diplomacy ----


What policy encouraged the growth of American influence without the use of military power?

Dollar Diplomacy


What policy encouraged the growth of American influenced without the use of military power?

Dollar Diplomacy


What dollar diplomacy produce in latin America?

Dollar diplomacy in Latin America produced loans to foreign countries.


What was the result of Taft's dollar diplomacy?

The result of President Taft's dollar diplomacy was that American investments in Latin America increased.