A brief Open Door Policy definition: The Open Door Policy was a trade agreement between the United States, China, Japan, and several European countries. US Secretary of State John Hay created the Open Door Policy in 1899/1900 in order to allow the US, Japan, and select European countries equal trade access to China, a country that previously had no trade agreements. The Open Door Policy lasted nearly 50 years, until the communist party’s 1949 victory in China’s civil war.
In the rest of the guide, we’ll dive deeper into the specifics of the Open Door Policy. We’ll discuss why the Open Door Policy was created, how it was established and maintained, and what its impacts were.
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They were all corrupt. They paid minimum wage. And instead of using safety regulations they just told them what to do.
The best option would be that "<span>The colonies were able to leverage their raw materials to benefit their economy, without damaging the economy in Great Britain," since Britain *mostly* benefitted from such exchanges. </span>
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One <span>impact of US involvement on latin america in the early 1900s was that it led to the rise of several dictators, since such involvement created "power voids," which needed to be filled. </span>
