Standard 15C
Standard 15C
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I can explain how foreign policies affected economic issues such as the Open Door Policy and Dollar Diplomacy.
Open Door Policy
Open Door Policy
The Open Door Policy provided equal trading rights to all foreign nations in China and the protection of American businessman and investors. This policy caused social and political tensions between countries affected by the trade in China.
Dollar Diplomacy
Dollar Diplomacy
Dollar Diplomacy was William Howard Taft's plan to promote American Investment in foreign countries.
Dollar diplomacy was not always peaceful and served not only to further the interests of the U.S. but to also prevent economic growth of other world powers.
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