answersLogoWhite

0


Best Answer

Dollar Diplomacy is the term used to describe the efforts of the United States - particularly under President William 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.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was President William Taft's Dollar Diplomacy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What was Taft's dollar diplomacy?

Tafts dollar diplomacy was created to protect US businesses in foreign countries. It is a foreign policy created US president William Howard Taft.


What were William Howard Tafts foreign policies?

He made the Dollar Diplomacy


President tafts foreign policy was dubbed?

I am pretty sure it is called dollar diplomacy.


What was the result of president tafts's dollar diplomacy?

American investments in Latin America increased.


How did president tafts dollar diplomacy help Americans gain power over latin Americans countries?

Americans invested in banks, business, and resources in Latin America


What is william Tafts dollar diplomacy?

He used and expanded on the Roosevelt Corollary, which allowed the US to interfere with the business of other nations if they were "politically or financially unstable." He justified his protecting Panama Canal with this. The dollar diplomacy was the term given to his policy of guaranteeing loans made to foreign countries.


How did president tafts dollar diplomacy help American gain economic power over latin American countries?

Americans invested in banks, business, and resources in Latin America


Why did tafts dollar diplomacy and Wilson's actions in Mexico anger many Latin Americans?

President Taft's dollar diplomacy kept Latin America dependent on foreign investment and aid. President Wilson, however, directly interfered with Mexican affairs, intervening more than his predecessors.


Tafts attempt to influence foreign countries by encouraging us business to invest money in foreign nations?

dollar diplomacy


What was President William Howard Tafts Term of Service?

William Howard Taft, 1909-1913


Dose president Taft have scottish connections?

President William H. Tafts' ancestry was English and Scotch-Irish.


How did tafts dollar diplomacy help Americans gain economic power over Latin American countries?

Americans invested in banks, business, and resources in Latin America