Greater economic influence for the United States. Apex Yo.
Greater economic influence for the United States *APEX*
Dollar Diplomacy
President William Howard Taft
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.
Increased United States power in Latin America.
Dollar Diplomacy is the term used to describe the efforts of the United States - particularly under PresidentWilliam Howard Taft - to further its foreign policy aims in Latin America and East Asia through use of its economic power by guaranteeing loans made to foreign countries.
Dollar diplomacy in Latin America produced loans to foreign countries.
The dollar diplomacy produced improved investments for the US in Latin America.
Dollar diplomacy
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
U.S. Dollar Diplomacy in Latin America was often accompanied by military intervention.
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
The US Dollar Diplomacy in Latin America was often accompanied by military intervention. -Apex ;)
Greater economic influence for the United States
The results of these policies were all aimed at asserting U.S. influence and control in Latin America. They all sought to promote American economic interests under the guise of promoting stability and democracy in the region. However, they often led to resentment and resistance from Latin American countries that viewed these policies as imperialism.
The purpose of Dollar Diplomacy is to use the power of money, i.e. US Dollars, to influence regions such as Latin America and East Asia. This was done by funding huge loans in order to further their aims.
American investments in Latin America increased.
Dollar Diplomacy