Question

Dollar diplomacy, the u.s. foreign policy that emphasized economic investment and loans from american banks, rather than direct military intervention, was the policy of?

Answer 1

Dollar diplomacy, an American foreign policy that emphasis economic investment and credit from American banks rather than direct military intervention, was the policy initiated by William Howard Taft.

William Howard Taft was elected the 27th president of the United States and later elected  the 10th chief justice. serving as both as he was the only person to hold the positions. He was a respected jurist and a capable administrator but a poor politician who spent his four years in the white house uncomfortable. He was embroiled in bitter struggles between progressives and conservatives and his government achievements went largely unnoticed.

To learn more about William Howard Taft here

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