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William Howard Taft's Dollar Diplomacy

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Dollar diplomacy was one of William Howard Taft’s major plans to increase the American influence around the world. While Taft , teddy Roosevelts successor continued most of the big stick diplomacy he also inserted a momentum in enhancing great integration between United States and Central America in the world through the dollar diplomacy policy. The policy majorly encouraged the American businesses to invest in various countries in an effort to convince the governments of those countries an Ally of the United States.

Taft greatly believe that once those countries have received American investment would realize the profits of those investments and would dearly make sure that the American Businesses enhance their markets for long period of

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