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AP U.S. Government 3.4 Public Policy. Which of the following encouraged private investment in Latin America?
Transcript
- 00:00
Thank you We sneak and here's your shmoop du jour
- 00:05
brought to you by private investment financial development on the
- 00:08
download Which of the following encourage private investment in latin
- 00:13
america and hear the potential answers All right well every
- 00:19
so often foreign policy makers decide to trade in their
Full Transcript
- 00:22
military weapons for one's of a more of a financial
- 00:25
nature Let's see which of these programmes was designed to
- 00:28
cash in on the winds of diplomatic change Was private
- 00:31
investment in latin american courage by the good neighbor policy
- 00:34
Well fdr is good Neighbor policy was a promise to
- 00:36
our latin american friends that we've stopped the whole military
- 00:39
intervention thing though increased investment opportunities were a part of
- 00:43
this Hey pal we're cool right That whole effort Well
- 00:47
they weren't The central piece of the foreign policy puzzle
- 00:49
could be the truman doctrine had encouraged private investment in
- 00:53
latin america Well the truman doctrine was less about investing
- 00:56
in latin america and maura about investing in anything that
- 01:00
would prevent the spread of communism so we can get
- 01:02
rid of beat Was financial investment central to de the
- 01:06
monroe doctrine Actually james monroe was pretty tired of all
- 01:09
that european investment in latin america So his doctrines orders
- 01:12
were for europeans to keep their colonies out of american
- 01:15
land All right what about e The roosevelt corollary with
- 01:19
roosevelt Corollary was hey me too To the monroe doctrine
- 01:23
But president roosevelt's me too wasn't about money It was
- 01:26
about hitting european intervention away with a big old stick
- 01:29
So if he isn't eager to put money where its
- 01:32
mouth is on then that means that private investment was
- 01:35
encouraged in latin america by sea dollar diplomacy in one
- 01:39
of the more obviously named foreign policy programs dollar diplomacy
- 01:43
was president Taps attempt to spread us influence in latin
- 01:47
america through financial investment rather than military intervention So c
- 01:53
is the right answer Even though dollar diplomacy sounded like
- 01:55
a noble cause taft ended up using a program to
- 01:58
continue us in appearance in latin american affairs like when
- 02:02
he tried and failed to gain control of honduras by
- 02:05
buying all its dead held by british bankers Don't just
- 02:08
go ahead and add that one to the intervention bill
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