Latin American Policies Chapter 22 Section 4
Roosevelt Corollary -In 1904 President Roosevelt asserted America’s right to act as a “policeman” in Latin America, stepping in only in cases of “wrong doing” or whenever those nations seemed unstable.
Positive: Kept European countries from building an empire close to America.
Negative: Kept America busy being the keeper of other countries business.
Dollar Diplomacy- Was President Taft’s policy of linking American business interests to diplomatic interests in other countries.
Positive: American businesses grew in Latin America, which helped the local country build roads, railroads, and harbors.
Negative: When American businesses were threatened the U.S. government would send in military support. This caused the Latin countries to fear the U.S. and want them out of their countries.
Moral Diplomacy- President Wilson’s foreign policy to support America’s economic interests following what he thought was the morally correct thing to do, moral principals.
Positive: America was trying to do the “right” or “moral” thing when it was dealing with foreign countries.
Negative: When anti-American governments took control in Latin America, we had to resort to using military force.