may 30, 1909 - (Taft’s)Dollar Diplomacy
Description:
Main Idea: Encouraged US banks and businesses to expand into Latin AmericaUS business meant more jobs, more money, and more economic stability
Kept European money-lenders (companies that lend money with high interest) out of Latin America
Kept revolutionary leaders unpopular
Added to timeline:
Date:
may 30, 1909
Now
~ 117 years ago