History High School

How did Dollar Diplomacy help prevent costly wars?
A. It spread American influence by buying countries.
O B. It spread American influence through business.
O C. It spread American influence by means of the gold standard.
D. It spread American influence through missionary activity.

Answers

Answer 1
Answer: B. It spread American influence through business.

Explanation:APX

Answer 2

It spread American influence through business did Dollar Diplomacy to help prevent costly wars. Hence, option B is correct.

What is Dollar Diplomacy?

Dollar Diplomacy is an international strategy developed by U.S. President William Howard Taft and his secretary of state, Philander C. Knox, to maintain a region's financial stability while defending and advancing American business and financial interests there.

The practice of a government promoting and defending its private individuals', firms', etc.'s business interests abroad by means of its economic influence or strength. A nation's use of economic might to advance its foreign policy objectives.

Dollar diplomacy was developed to ensure American financial prosperity and assert the country's dominance over other countries. As part of its foreign strategy known as "dollar diplomacy," the United States gave money to other nations in exchange.

Thus, option B is correct.

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