dollar diplomacy (Meaning)
dollar diplomacy (n)
diplomacy influenced by economic considerations
Synonyms & Antonyms of dollar diplomacy
No Synonyms and anytonyms found
dollar diplomacy Sentence Examples
- Dollar diplomacy was a policy used by the United States during the early 20th century to increase its influence in Latin America and the Caribbean.
- The United States used dollar diplomacy to encourage American banks and businesses to invest in foreign countries, with the goal of creating economic ties that would make those countries more dependent on the United States.
- President Taft and Secretary of State Philander C. Knox were the chief architects of dollar diplomacy.
- Taft believed that dollar diplomacy was a more effective way to promote American interests than military intervention.
- Dollar diplomacy was used to support U.S. business interests in countries such as Mexico, Cuba, and the Dominican Republic.
- Some critics of dollar diplomacy argued that it was a form of economic imperialism, designed to exploit foreign countries for the benefit of American businesses.
- Others argued that dollar diplomacy was a necessary tool for promoting economic development and stability in Latin America and the Caribbean.
- Dollar diplomacy was eventually abandoned by the United States in favor of a policy of military interventionism.
- Dollar diplomacy is considered by some to be a form of soft power, used to influence other countries through economic means rather than military force.
- The term dollar diplomacy is sometimes used more broadly to refer to any attempt by a country to use its economic power to influence the policies of another country.
FAQs About the word dollar diplomacy
diplomacy influenced by economic considerations
No synonyms found.
No antonyms found.
Dollar diplomacy was a policy used by the United States during the early 20th century to increase its influence in Latin America and the Caribbean.
The United States used dollar diplomacy to encourage American banks and businesses to invest in foreign countries, with the goal of creating economic ties that would make those countries more dependent on the United States.
President Taft and Secretary of State Philander C. Knox were the chief architects of dollar diplomacy.
Taft believed that dollar diplomacy was a more effective way to promote American interests than military intervention.
