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America Expands Overseas
The United States began to abandon its Isolationist foreign policy created by Monroe Doctrine
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Reasons For Expansion US companies needed new markets to sell their products US wanted to create an overseas empire
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Creating An International Market
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True “Global Economy” Growth in international trade that occurred from the late 1800s to World War I Led by US
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Open Door Policy Secretary of State John Hay policy that would give all nations equal trading rights in China
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Open Door Policy Urged all foreigners to obey Chinese laws and customs
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Dollar diplomacy President Taft urged American banks and businesses to invest in Latin America.
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Dollar diplomacy He promised that the US military would step in if political unrest threatened their investments.
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US Expansion – Latin America
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Spanish-American War 1898-1900
US went to war with Spain for control of Cuba War easily won by US
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Results of Spanish-American War
Cuba became a free independent nation with alliances to US US annexed Puerto Rico, Philippines, and Guam (Asia) from Spain
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Panama Canal President Theodore Roosevelt wanted a shorter route around the world “Encouraged” Panama’s independence from Colombia
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Panama Canal Made a deal to build a canal through Panama
Cut travel time around South America in half
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US Expansion – Asia & Pacific
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Alaska Bought from Russia in 1867 Didn’t become a state until 1959
$0.02 an acre; nation called it “Seward’s Folly” or “Seward’s Icebox” Discovery of gold in 1898 Didn’t become a state until 1959
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Acquisition of Hawaii US needed a re-fueling station and military base in the Pacific Ocean Wanted to protect trading ships in Pacific
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Acquisition of Hawaii US Supported a revolution to get rid of Hawaiian Monarchy US annexed Hawaii in 1898
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Purpose Of Expansionism
US wanted to sell all their technology and products around the world US wanted to establish an empire in the Western Hemisphere
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