Question

Is the Dollar Diplomacy and the Open Door Policy examples of imperialism? Why or why not? (explain)

Answer 1

Answer:Dollar Diplomacy and open door policy are form of imperialism based on the imposition by the U.S on other countries through the policies implementation.

Explanation:

The open-door policy of 1899 can be seen as a form of imperialism because it was the United States of American who drafted both the open door policy and the dollar diplomacy to control the economy of the world. The U.S stated that the open policy was to curtail and give a form of protection and the same opportunities to all countries that trade with China.

The dollar diplomacy can also be seen in the form of imperialism because the main reasons the United States is doing it was to reduce the number of treat pose to these countries through military force but rather join forces with Latin America and Asia to develop their economy through loans and other financial means.