Question

Which of these is an example of economic transformation that occurred in the early 20th century?

A) The United States helped negotiate a peace agreement between Japan and Russia.
B) The United States increased its size drastically by purchasing the territory of Alaska from Russia.
C) President Lyndon B. Johnson supported a “flexible defense” strategy in response to perceived communist threats.
D) President Taft instituted the practice of “dollar diplomacy” through financial interventions in Central America.

Answer 1

I believe the answer is A but I'm not positive.

Answer 2

The correct option is D

The diplomacy of the dollar is a model of foreign policy of the United States -particularly manifested during the presidency of William Taft- in which US dominance is sought over several strategic countries for this nation (mainly those located in Latin America and Central Asia) through the use of its superior economic power as a guarantee of concession and long-term maintenance of credits and investments to those countries.