The United States in Latin America 12.3 The United States in Latin America
Latin AmericanTrade Economy based on raw materials. Enhanced by new technology Now free to trade with US and England. Imbalance of trade. Which are more profitable, raw goods or processed/finished goods? Kept much of Latin America in poverty.
The Monroe Doctrine 1823 – President James Monroe Warns European nations not to colonize or interfere with other nations or areas in the Western Hemisphere (the Americas). Cuba wanted independence from Spain = Spanish-American War Puerto Rico, Guam, Philippines became territories of the U.S., Cuba remained under much US control. Why do you think Cuba and other nations object to US control?
President Theodore Roosevelt “Speak softly, and carry a big stick” Encouraged Panama to break away from Columbia. Gave US 10 miles of land to construct the Panama Canal. Roosevelt Corollary – Declared the US was an “international police” in the Western Hemisphere. US used their power to occupy some Latin American nations for decades.
Big Stick Diplomacy