United States: Thirst For New Market

586 words - 2 pages

Imperialism is a policy by which a country gains power over the world or other countries. It begun in 1865 and it caused US to expand. America had “Thirst for New Market”. The business in The United States was developing rapidly so it needed more supplies (trade) from other countries. The United States used different methods such as Jingoism/Racism, Economic Expansion and American superiority over Europe, but however, economic expansion contributed most for the US Imperialism. This meant more money and power compare to other countries.
The United States believed that by using economic expansion method they could expand and explore their economy; their economy was dependent on foreign trade due of increasing agriculture and manufacturing exports. America paid money to Panama to get control of the Panama Canal. It begun in 1904 and completed in 1914. They did this because they needed strong power over the world to protect its trading interests and it also empowered America to expand its economy and military influence. US believed that control over sea was the answer to the world preeminent and empire. The most essential reason for the annexation of Hawaii was that; Hawaii was an important port for whaling ships and growing of sugarcane; and annexing it; it resulted economic integration and the rise of the United States as a Pacific power.
President Grant stated on a treaty of annexation of the Dominican Republic that, “ It possesses the richest soil, best and most capacious harbors, most salubrious climate and the most valuable products of the forest, mine and soil of any West Indian Islands”. US was in need of all those resources to expand its economy and therefore all the United State’s citizens supported the decision. In 1898, America went for a war with Spain because, “It wanted to expand and protect its trade...

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