To compare the goals of "big stick" diplomacy and dollar diplomacy effectively, we can summarize the key aspects of each approach:
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"Big Stick" Diplomacy: This diplomatic approach, associated with Theodore Roosevelt, emphasizes military power and readiness to use it as a means of achieving foreign policy goals, particularly in Latin America. Key elements include:
- End conflict with military intervention/force
- Establish U.S. military power
- Reinforce U.S. control over Latin America
- Reduced use of military intervention (this can be interpreted as a goal to resolve issues without excessive military action, depending on context)
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Dollar Diplomacy: This approach, associated with William Howard Taft, focuses on using economic power and financial investments to achieve foreign policy goals, especially in Latin America and Asia. Key elements include:
- Establish financial stability
- Expand U.S. economic interests
- End conflict by paying off aggressors (the idea being that economic influence can prevent conflict)
- Reduced use of military intervention (similar to "big stick," implying a preference for economic rather than military solutions)
Given these descriptions, the chart that best compares the goals of "big stick" diplomacy and dollar diplomacy would likely highlight their contrasting methods (military power vs. economic influence), while also noting common goals such as reducing conflict through non-military means.
Based on your options, the second response seems to best capture both the key principles of each diplomacy and the comparative nature of their goals:
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“Big Stick” Diplomacy
- End conflict with military intervention/force
- Reinforce U.S. control over Latin America
- Reduced use of military intervention
- Establish U.S. military power
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Dollar Diplomacy
- Establish financial stability
- End conflict peacefully
- Expand U.S. economic interests
This chart balances the aggressive stance of "big stick" diplomacy with the more economic and cooperative approach of dollar diplomacy, providing a clear comparison.