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Dollar Diplomacy

Noun (Political Sense)

Definition: A foreign policy approach in which a country uses its economic power and investments to influence international relations and promote its national interests.

Example sentence: The United States employed dollar diplomacy in the early 20th century to expand its influence in Latin America through investments in infrastructure projects.

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Noun (Historical Sense)

Definition: The foreign policy implemented by President William Howard Taft, involving the use of economic influence to strengthen ties with other countries and increase American commercial interests abroad.

Example sentence: Taft's dollar diplomacy led to increased American investments in China and Nicaragua during his presidency.

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Noun (Common Usage)

Definition: The use of money or economic resources to achieve diplomatic objectives or exert influence over other nations.

Example sentence: The billionaire philanthropist engaged in dollar diplomacy by donating substantial amounts to educational institutions worldwide.

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Adjective (Popular Sense)

Definition: Referring to any diplomatic effort or foreign policy that heavily relies on financial resources or economic incentives.

Example sentence: The government's dollar diplomacy strategy aimed to strengthen economic ties with neighboring countries for mutual benefits.

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