8-1: Economic Expansion Many 20th century American foreign policy issues have their origins in America’s emergence as a world power at the end of the.

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Presentation transcript:

8-1: Economic Expansion Many 20th century American foreign policy issues have their origins in America’s emergence as a world power at the end of the 19th century.

International Trade Growth in international trade from late 1800s to World War I in 1914 First “global economy”

Latin America Big Stick Diplomacy President Theodore Roosevelt’s motto: “Speak softly and carry a big stick.” Acted boldly and decisively Built the U.S. into a world power

Latin America Dollar Diplomacy President William Taft urged U.S. banks and businesses to invest in Latin America U.S. government would intervene if unrest threatened investments

China Spheres of Influence In the late 1890s, Russia, Japan, Britain, France, and Germany established “spheres of influence” in China These nations dominated trade and investment U.S. shut out of commercial interest

China Open Door Policy Boxer Rebellion Secretary of State John Hay proposed giving all nations equal trading rights in China Boxer Rebellion Chinese nationalists attacked foreign settlements U.S. troops work with other nations to crush rebellion and further weaken China

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