-Panama Canal-In 1903 US buys french company's route for 40 million dollars-Before starting US had to get permission from colombia which controlled Panama-cost 380 million dollars total-The Roosevelt Corollary was an additioin to the Monroe Doctrine-Said that the US would be the police officer between Latin America and Europe-The US would use force to protect interests in LAtin America-Big Stick Diiplomacy-Dollar diplomacy- president taft using the US government to guarantee loans made to foreign countries by US banks and businessesEconomic imperialismUS banks were in control of many businesses in Latin AmericaUSsaid it was needed to keep European powers out of Latin America.President woodrow wilsonPracticed missionary diplomacyUS would not recognize any government that was oppressive, undemocratic and hostile toward the USMexican government was overthrown by General Victoriano HuertaWilson refused to recognize a government of butchersWilson practiced watchful waiting in dealing with Huerta
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