Medici was a known prominent of great wealth and abundance between 13th to 15th century in Italy, and even in the whole Europe during Renaissance. Giovanni Medici's son Cosimo Medici, governed Italy for 3 decades importing more riches to the family. The political writings of Niccolo Machiavelli "Machiavellianism" contributed to their wealth.
Dollar Diplomacy, foreign policy created by U.S. Pres. William Howard Taft (served 1909–13) and his secretary of state, Philander C. Knox, to ensure the financial stability of a region while protecting and extending U.S. commercial and financial interests there.
Answer and Explanation: Articles of Confederation was the very first written constitution of USA. This constitution was not seen with much validity on international stage. This constitution was fundamentally weak and no foreign power would take United States seriously. There were two reasons for this, primary reason was that during Revolutionary war United States borrowed a lot of money and was under enormous debts and was unable to pay that because no money was being generated. Other countries were unwilling to trade with USA because of the fear of losing their money and thus, USA could not generate enough money to pay debts and to regulate state affairs. Secondary reason was that USA's foreign policy was very fragile at that time, USA, a newly developed state, was not trusted by other states and no friendly ties were initiated by others instead USA was under threat of Britain's aggression. These were some of the reasons of why the foreign powers treated Articles of confederation with scorn.
