Ch.23 Study Guide

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D. Roosevelt – Announced the Good Neighbor Policy in 1933, which declared that “no state has the right to intervene in the internal or external affairs of another state.”
10.Theodore Roosevelt – President that offered Columbia $10 million for a strip of land in Panama to build a canal. Roosevelt encouraged rebels in Panama to rebel when Columbia rejected the offer. In 1903 when the Panama people received their independence, they granted US the 10 mile wide “canal zone.”

II.
1. Under the Platt Amendment, the United States claimed the right to intervene in Cuban affairs.
2. The United States gained Puerto Rico and Philippines from Spain.
3. Financial interests led the United States to intervene in Latin America. In the early 1900s, the Dominican Republic was unable to pay its debts to American banks. American forces also occupied Nicaragua and Haiti ,and intervened in the affairs of Honduras 6 times. In each case, they stepped in to protect American lives and ...

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the 1980s interest rates rose and the world economy slowed.
11. Banks lowered interest rates and extended the repayment period. They also canceled some debt in exchange for the ownership of local companies. In “debt-for-nature swaps,” foreign leaders agreed to cancel a small part of a nation’s debt if it agreed to support local conservation projects.
12. Latin Americans view the drug trade as an international problem that cannot simply solved by eliminating the farmers. The Latin American farmers also view the drug trade as simply another cash crop that disfavorably looked upon by the rest of the world.
13. In Latin America the population explosion and the need to develop ...

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