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Andreas93 [3]
3 years ago
8

Many Americans were able to purchase large ticket items such as cars, vacuums, and sewing machines because companies extended cr

edit to them, allowing them to pay off the balance in increments.
History
1 answer:
Mariulka [41]3 years ago
3 0

Answer:

True

Explanation:

The American credit system every person starts with a low credit score, and to the extent that this person buys debts and makes the payments up to date, their credit is slowly being built. Even if you are a person who pays all bills on time, but pays everything with the debit card, because you do not like to get into debt, you will not be able to build a US credit history. In addition, even to get an approved credit card is necessary to have credit.

For this reason, the companies extended credit to the workers, allowing them to pay the balance in increments.  In this way, many Americans have been able to buy expensive items.

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Answer:

 How did Teddy Roosevelt and his policies when it came to foreign nations?

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Roosevelt inherited the rule of the Philippines, an Asian island country. During the Spanish-American War, the US took possession of the archipelago. The first civilian governor of the islands, William Howard Taft, suggested establishing a civil government with an elected legislative assembly. The Taft administration's draft included a governor-general, independent judiciary, and legislative assembly.

 

Panama Canal

Roosevelt's most stunning foreign policy achievement was the Panama Canal. US Navy chiefs hoped to establish an Atlantic-Pacific tunnel across Central America for years. During the Spanish-American War, American ships in the Pacific traveled two months across South America to join the US navy near Cuba. Through 1901, the US sought British cooperation for an American-controlled canal to be built in Nicaragua or via Colombian-owned Panama. The Senate authorized a route via Panama, subject to Colombian ratification. When Colombia refused to sign the pact, the US-backed a Panamanian revolution with money and a naval blockade, preventing Colombian forces from entering Panama. The Hay-Bunau-Varilla Treaty with Panama provided the US everlasting possession of the canal for $10 million-plus $250,000.

 

Roosevelt became the first US President to leave the nation while in office when he visited Panama in 1906 to see the canal being built. He wanted to see one of the world's greatest engineering marvels. Thirty thousand employees worked ten-hour days for ten years to create the $400 million canal, allowing American authorities to combat the Yellow Fever plague that decimated many canal workers. The Panama Canal opened in 1914, and by 1925, almost 5,000 commerce ships had passed through the forty kilometers of locks. It cut the trip from San Francisco to New York by almost 8,000 miles. They once operated and built the canal, advanced American technology, and engineering expertise. Thus, the US became the dominant military power in Central America due to this initiative.

 

Roosevelt Corollary

During his first administration, Roosevelt spent much time and attention on Latin America. In 1902, Germany and Britain launched ships to blockade Venezuela's coast. They gave Venezuela money that the ruler refused to return. Roosevelt was enraged by Germany and Britain's activities, despite their assurances to the Americans that they had no territorial ambitions in Venezuela. Santo Domingo (today Dominican Republic) has issues with Europe. A debt-ridden Latin American country has again resorted to European investors to collect money. To avert possible European military action, Roosevelt authorized an American collector to take possession of the customs buildings and collect duties.

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