How does President Taft’s dollar diplomacy phrase compare to President Roosevelt’s “big stick” diplomacy?

Question

(1 point)
Responses

Substituting dollars represented spending minimal money and resources to end conflict peacefully, whereas “big stick” diplomacy relied on military resources to end conflict.

Substituting dollars represented utilizing economic policy in exchange for the use of military threat, whereas “big stick” diplomacy relies on the threat of military force.

Substituting dollars for bullets represented using military funds to build and expand U.S. economic interests in Latin America, whereas “big stick” diplomacy used military funds and resources.

Substituting dollars represented spending more money on military intervention to build on “big stick” diplomacy policies.

Answer 1

Substituting dollars represented utilizing economic power to achieve U.S. foreign policy goals, while "big stick" diplomacy relied on the threat of military force to achieve those goals. Essentially, dollar diplomacy focused on economic influence, while "big stick" diplomacy focused on military power.