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.
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The Central Powers of WW1 only consisted of the German Empire, Austria-Hungary, the Ottoman Empire, and the Kingdom of Bulgaria. Italy was also considered a central power until its withdrawal in 1915.
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one of the greatest uninterrupted expanses of plain on the Earth’s surface. It sweeps from the Pyrenees Mountains on the French-Spanish border across northern Europe to the Ural Mountains in Russia. In western Europe the plain is comparatively narrow, rarely exceeding 200 miles (320 kilometres) in width, but as it stretches eastward it broadens steadily until it reaches its greatest width in western Russia, where it extends more than 2,000 miles.
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<em>The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close. Fannie and Freddie had not been doing that, and as a result, lending had tightened up dramatically. Fannie Mae and Freddie Mac created a liquid secondary market for mortgages. This meant that financial institutions no longer had to hold onto the mortgages they originated. They could sell mortgages on the secondary market shortly after origination. Selling mortgages freed up funds for creating additional mortgages.</em>
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Hispanic and Latino Americans
