In this lesson, you will read the flow chart below about the United States’ Dollar Diplomacy and complete the following map activity.
Dollar Diplomacy Background
- William Taft was elected president of the United States in 1909, following Theodore Roosevelt.
- Taft continued Roosevelt’s foreign policies but preferred to focus on economics, not military.
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Dollar Diplomacy Beliefs
- American businesses expanding to underdeveloped countries, would make both countries prosperous more prosperous (wealthy).
- It would also lessen the motivation for a country to go to war with the America if that country was tied economically to the United States.
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Dollar Diplomacy Events
- United States sent its military forces to Cuba, Honduras, and the Dominican Republic to restore order and protect American economic investments and American businesses expanding to underdeveloped countries, would make both countries prosperous more prosperous (wealthy).
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Impact of the Dollar Diplomacy on U.S. Diplomacy
- Dollar Diplomacy increased United States’ control or influence in many Central/South American countries.
After reading the information in the flow chart, place the Dollar Diplomacy image on the country in which the United States wanted to expand trade and American businesses.