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What policy encouraged the growth of American influence without the use of military power?
Dollar Diplomacy
How did Dollar Diplomacy affect US Mexican relations?
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.
President William Howard Taft's foreign policy encouraged American investment in foreign countries and increased trade. What was the name given to Taft's foreign policy?
The name of William Howard Taft's Foreign Policy was Dollar Diplomacy.
What were the positive and negative efects of imperialsim on EGypt?
Positive effects of imperialism in Egypt are the industrialization of the nation and better sanitation and education. Negative effects are the amount of money that had to be paid to the British and that the British brought new disease.
How did Wilson end dollar diplomacy?
Woodrow Wilson was opposed to Dollar Diplomacy because he felt the act of investing in foreign businesses which promoted imperialism. Wilson considered imperialism immoral and stopped several deals, Taft had set in place. Ironically, ending one such deal, the Panama Canal Tolls Act, which had exempted the United States from paying tolls on the Panama Canal, actually helped the biggest imperialist government of all time, Great Britain.
