Imperialism+timeline

//Read p. 723-724, "The Dollar Goes Abroad as Diplomat"//
 * Taft and "Dollar Diplomacy"**


 * What was President Taft's foreign policy, i.e., "dollar diplomacy"?
 * Dollar Diplomacy was Taft's economic strategy to improve foreign policy and national security.
 * This strategy was meant to practically force the success of American Businesses in foreign markets by threatening military intervention in the event of non-compliance.
 * Where and how was it applied in Asia and in Latin America?
 * Dollar diplomacy was first used in China's Manchurian territory to attempt to benefit economically from railroad disputes between Japan and Russia. Taft afterwards was heavily criticized for the policy's failure in this situation. This policy later spread, with similar goals, to Haiti, Honduras, and Nicaragua.