What does Dollar Imperialism mean in History
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Dollar imperialism refers to the economic and political influence exerted by the United States on foreign countries during the late 19th century and early 20th century. It involves the expansion of American business interests and investment overseas, often leading to the dominance of US corporations and financial institutions in other countries. This often happened through the establishment of puppet governments, military interventions, economic exploitation, and the imposition of a foreign policy supporting American interests. The term highlights how American economic power and influence were used to assert dominance and control over other nations, primarily through the use of the US dollar.