The correct answer to this open question is the following.
The economic and political conditions that had to exist for President Taft's "Dollar Diplomacy" to be effective were the following.
There had to be a special United States interest in strategic decisions that could affect the economic and political interest of the United States in the region.
For instance, that was the case of the money Central American countries such as Nicaragua owned to European nations. Taft decided to pay that debt but the result was that Nicaragua was in deep debt to the United States, and other kinds of problems aroused.
The foreign policy of "Dollar Diplomacy" was not so effective. It did not pressure countries through a military threat but it created severe differences between the US and Latin America.
<span>Assuming that this is referring to the same list of options that was posted before with this question, the correct response would be that the </span>transition from the First to the Second Industrial Revolution in the United States came about with a shift towards large-scale factory production as opposed to smaller scale industrial projects.
Answer:
The gold rush helped banking and industry grow in the state.
Cornish miners struggled to settle into life in North Carolina.
Immigrants from different parts of the world came to find gold.
With new found resources, more people wanted to join the sciences and arts. With that much resources into science, what we knew exploded into so much more.
