Hands off does not mess with business
The Big Stick Diplomacy was implemented by Theodore Roosevelt and was a policy of intervenience in Latin American affairs because in the American view those countries could not keep their affairs in order.
The Dollar Diplomacy adopted by President Taft that promoted the American business interests abroad by replacing military alliances with economic ties, increasing American influences and securing lasting peace.
Both Diplomacies had problems but historians say that Roosevelt’s Big Stick was more successful overall because it resulted in more benefits than failures. The other two diplomacies increased hostility in Latin America and in Asia that eventually influenced the Alliances in WWI.
Answer:
The Panama Canal is a constructed waterway that connects the Atlantic and Pacific oceans across the Isthmus of Panama. It is owned and administered by Panama, and it is 40 miles long from shoreline to shoreline. Ships can cross going in either direction, and it takes about 10 hours to get from one side to the other.
Jacob's consumption increased by <u>$12,000</u>.
<h3>What is the marginal propensity to consume?</h3>
The marginal propensity to consume is defined as the proportion of an increase in income that a consumer consumes instead of saving.
<h3>Data and Calculations:</h3>
Amount of disposal income in 2019 = $30,000
Amount of consumption in 2019 = $20,000
Increased disposal income = $40,000
Marginal propensity to consume = 0.8
Increase in consumption = $12,000 ($40,000 x 0.8 - $20,000)
Thus, Jacob's consumption increased by <u>$12,000</u>.
Learn more about marginal propensity to consume at brainly.com/question/17930875
Latin American<span> nations should form an organization to help them achieve political and economic stability. The Republican Presidents of the 1920's generally followed a foreign policy based on</span><span>.</span>
