1. Monroe Doctrine It was made by President James Monroe in his seventh annual address to the Congress of the United States on December 2, 1823. it eventually became one of the foundations of U.S. policy in Latin America. It was made by President James Monroe in his seventh annual address to the Congress of the United States on December 2, 1823. it eventually became one of the foundations of U.S. policy in Latin America.

2. Background of Monroe Doctrine The Monroe Doctrine was developed because the United States and Britain were concerned over the possibility of European colonial expansion in the Americas. Britain feared that Spain would attempt to reclaim its former colonies. The British foreign minister George Canning suggested a joint venture with the United States to preserve the interests of both nations. The Monroe Doctrine was developed because the United States and Britain were concerned over the possibility of European colonial expansion in the Americas. Britain feared that Spain would attempt to reclaim its former colonies. The British foreign minister George Canning suggested a joint venture with the United States to preserve the interests of both nations.

3. The Original Statement Monroe asserted that European powers could no longer colonize the American continents and that they should not interfere with the newly independent Spanish American republics. the Monroe Doctrine did not represent an isolationist policy. Despite the boldness of his assertions, Monroe provided no means to ensure the enforcement of his ideas. Monroe asserted that European powers could no longer colonize the American continents and that they should not interfere with the newly independent Spanish American republics. the Monroe Doctrine did not represent an isolationist policy. Despite the boldness of his assertions, Monroe provided no means to ensure the enforcement of his ideas.

4. Monroe Doctrine in the 20 th Century Roosevelt's corollary to the Monroe Doctrine set a precedent and therefore justified subsequent U.S. intervention in Caribbean In the 1920s and the 1930s, the United States reduced the doctrine's scope by favoring action in concert with the other American republics. Roosevelt's corollary to the Monroe Doctrine set a precedent and therefore justified subsequent U.S. intervention in Caribbean In the 1920s and the 1930s, the United States reduced the doctrine's scope by favoring action in concert with the other American republics.

5. Impact of Doctrine As a component of foreign policy, the Monroe Doctrine has had considerable effect and has had strong support in the United States. has promoted U.S. interests The doctrine has served other American nations, too, particularly because it asserts their right to independence. As a component of foreign policy, the Monroe Doctrine has had considerable effect and has had strong support in the United States. has promoted U.S. interests The doctrine has served other American nations, too, particularly because it asserts their right to independence.