Dollar+Diplomacy



President Taft was the one who cme up with the idea of dollar diplomacy. Although it increased the level of U.S. financial involvement the results were not always profitable. For example we invested millions of dollars in Mexico and when the Mexican revolution happened we basically lost all of our investments there. Another reason is that if something were to go wrong with our investments we weren't there to protect them so we couldn't do anything about it. These are just some of the reasons that Dollar Diplomacy was not a good idea as president Roosevelt said.

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