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AP U.S. Government 3.4 Public Policy. Which of the following encouraged private investment in Latin America?

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00:00

Thank you We sneak and here's your shmoop du jour

00:05

brought to you by private investment financial development on the

00:08

download Which of the following encourage private investment in latin

00:13

america and hear the potential answers All right well every

00:19

so often foreign policy makers decide to trade in their

00:22

military weapons for one's of a more of a financial

00:25

nature Let's see which of these programmes was designed to

00:28

cash in on the winds of diplomatic change Was private

00:31

investment in latin american courage by the good neighbor policy

00:34

Well fdr is good Neighbor policy was a promise to

00:36

our latin american friends that we've stopped the whole military

00:39

intervention thing though increased investment opportunities were a part of

00:43

this Hey pal we're cool right That whole effort Well

00:47

they weren't The central piece of the foreign policy puzzle

00:49

could be the truman doctrine had encouraged private investment in

00:53

latin america Well the truman doctrine was less about investing

00:56

in latin america and maura about investing in anything that

01:00

would prevent the spread of communism so we can get

01:02

rid of beat Was financial investment central to de the

01:06

monroe doctrine Actually james monroe was pretty tired of all

01:09

that european investment in latin america So his doctrines orders

01:12

were for europeans to keep their colonies out of american

01:15

land All right what about e The roosevelt corollary with

01:19

roosevelt Corollary was hey me too To the monroe doctrine

01:23

But president roosevelt's me too wasn't about money It was

01:26

about hitting european intervention away with a big old stick

01:29

So if he isn't eager to put money where its

01:32

mouth is on then that means that private investment was

01:35

encouraged in latin america by sea dollar diplomacy in one

01:39

of the more obviously named foreign policy programs dollar diplomacy

01:43

was president Taps attempt to spread us influence in latin

01:47

america through financial investment rather than military intervention So c

01:53

is the right answer Even though dollar diplomacy sounded like

01:55

a noble cause taft ended up using a program to

01:58

continue us in appearance in latin american affairs like when

02:02

he tried and failed to gain control of honduras by

02:05

buying all its dead held by british bankers Don't just

02:08

go ahead and add that one to the intervention bill

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