The Monroe doctrine was the reaction and effect of the European powers plan to help Spain create or retake colonies in America. the doctrine, enacted in 1823,pointed out that the USA would intervene to protect the peace and freedom of independent states in the region of America.
True. This is around the time WW1 started.
Give all raw materials to there country. Let them make finished or manufacturing goods, them sell them back to the colonies.
The political cicumstances around the latin revolutions against the European colonies reminded most American leaders of the American Revolution. As a result they supported these struggles.