Question

In one or two sentences, explain what is meant by “dollar diplomacy.”

In two or three sentences, explain what the Federal Reserve Act did.
PLEASE ANSWER!!!

Answer 1

During the early 1900s, the U.S. government largely abandoned its isolationist policies of the 1800s in favor of using its growing military and economic power to pursue its foreign policy goals. In the 1899 Spanish-American War, the U.S. took control of the former Spanish colonies of Puerto Rico.

Step-by-step explanation:

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