Final answer:
The annexation of Hawaii (option d)had both positive and negative effects on the US economy, providing strategic and economic benefits but also raising concerns about job competition and racial integration.
Step-by-step explanation:
The topic chosen for the argument is D) annexation of Hawaii. Annexation refers to the act of incorporating a territory into another political entity. In the case of Hawaii, the annexation of the islands by the United States in 1898 had both benefits and drawbacks for the US economy. One benefit was the strategic value of the islands in terms of military power and commerce. Hawaii provided a foothold in the Pacific and allowed the US to project its influence in the region. This benefited the US economy as it ensured access to important trade routes and resources in the Pacific.
However, there were also drawbacks to annexation. The US economy faced competition from foreign workers who migrated to Hawaii after annexation, which created fear among Americans about job competition. Additionally, concerns about the integration of other races and the impact on American democratic principles were also raised. In conclusion, the annexation of Hawaii had both positive and negative effects on the US economy. It provided strategic and economic benefits through control of trade routes and resources in the Pacific, but also raised concerns about job competition and the integration of different races.