Question

5. How did the Open Door Policy affect the U.S. economy?

O
O
O
O
It helped the U.S. economy because it increased the number of
leaseholds that controlled economic development in China.
It hurts the U.S. economy because it severely limited access to trade
markets in China.
It hurt the U. S. economy because it increased competition between
European and American businesses for trade in China.
It helped the U.S.. economy because it ensured the American
companies could continue to trade with China.
CLEAR ALL
P

Answer 1

The Open Door Policy helped the U.S. economy by ensuring American companies could continue trading with China, promoting equal access to China's markets.

Step-by-step explanation:

The Open Door Policy had a positive impact on the U.S. economy because it ensured that American companies could continue to trade with China. This policy aimed to promote equal access to China's markets for all countries, preventing any one nation from dominating trade in China. By allowing American businesses to participate in the Chinese market, the Open Door Policy increased trade opportunities and economic growth for the U.S.

Learn more about The impact of the Open Door Policy on the U.S. economy