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d1i1m1o1n [39]
3 years ago
10

The policy of dollar diplomacy, the good neighbor and the alliance for progress were designed to

History
1 answer:
kherson [118]3 years ago
7 0

<em>The policy of dollar diplomacy, the good neighbo</em>r as well as <em>the alliance for progress</em> were all foreign policies designed and implemented by the American government to ensure the financial stability of their neighbor countries.

First, <em>the policy of dollar diplomacy</em>, created by President William Howard Taftas who characterized it as a program aimed in “substituting dollars for bullets”, by guaranteeing loans to foreign countries.  

Second,<em> the good neighbor</em>, implemented during the administration of President Franklin Roosevelt and whose main principle was the  non-intervention, the non-interference in the domestic affairs of Latin America as well as the reinforcement of the idea that the United States should be a "good neighbor" and engaging in reciprocal trade exchanges with Latin American countries.

Finally,  <em>the alliance for progress</em> initiated by President John F. Kennedy in 1961 in order to establish economic cooperation between the U.S. and Latin America.

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