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.
<span>Policy of minimum governmental interference in the economic affairs of individuals and society.</span>
The answer is: The sea
Back then, the techology that exist to travel by sea was not as developed as it is today. If an empire decided to travel through the sea in order to do some conquests, that empire will risk several things, such as:
- Loss in directions
- The ships could be swallowed by harsh wheather in the middle of the sea
- It need a lot of resources to maintain the armies during the travel
