William Howard Taft was concerned about Latin American countries being in debt to European countries because Latin American debt would provide European countries with an excuse to claim territory in the Western Hemisphere. This concern was part of his broader policy of promoting stability and protecting American interests in the region, which was articulated in his "Dollar Diplomacy" approach.
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Question
Why was William Howard Taft concerned about Latin American countries being in debt to European countries?
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Responses
Latin American debt would damage the economies of countries that owed money to European countries.
Latin American debt would damage the economies of countries that owed money to European countries.
Latin American debt would leave those countries with little money to spend on export goods from the United States.
Latin American debt would leave those countries with little money to spend on export goods from the United States.
Latin American debt would provide European countries with an excuse to claim territory in the Western Hemisphere.
Latin American debt would provide European countries with an excuse to claim territory in the Western Hemisphere.
Latin American debt would give European countries an economic advantage over the United States when paid back.
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