International investments have increased as a direct result of globalization and continue to do so. ... The society becomes a developed nation as its workforce begins to attract the investment activity of enough companies to cause the social and economic change necessary to produce a modern industrialized economy.
In 1898, the Spanish-American War broke out. The US became a powerhouse in Asia thanks to this conflict. With the annexation of Guam and the Philippines, the US expanded its sway over Asia. A peace treaty was concluded between the two nations following the conflict.
As a result of the United States' success in the war, the Spanish were forced to renounce their claims to Cuba and hand up control of Guam, Puerto Rico, and the Philippines to the United States in a peace treaty. During the battle, the US also annexed Hawaii, an independent state.
The US gained ownership of and/or influence over a large number of additional areas as a result of its victory in the Spanish American War. A new far-flung empire was formed as a result of these and other geographical acquisitions.
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Carl Vinson's work <span>in naval expansion aided in defense needed during the Pearl Harbor attack</span>
Jefferson and Hamilton diverged in what they saw as the appropriate size and role of the Federal Government in America's new Federalist system.
Hamilton believed that a strong Executive and Federal Government was needed if the US was to be successful moving forward.
Jefferson, ever wary, opposed a strong Federal executive even though he would later as President unilaterally expand the United States with the Louisiana Purchase.
