ACCTG 1 Lecture Notes - Lecture 7: Economic Diplomacy, Future Us, Superpower
Document Summary
There are at the present time two great nations in the world the russians and the americans. All other nations seem to have nearly reached their national limits, and have only to maintain their power these alone are proceeding along a path to which no limit can be perceived . The rise of the united states: 1783: us population just 3 million , 1914: us population was 98 million, 19th century territorial expansion: manifest destiny . America on the world stage: 1812-15 conflict with britain, 1823 monroe doctrine: us claim to pre-eminence in western hemisphere, economic diplomacy: access to overseas markets. Imperial role in the caribbean and the pacific after victory over spain in 1898: us control over the philippines, hawaii, guam, samoa, cuba, panama and. Dominican republic: 1904-14: us construction of the panama canal, ongoing potential for conflict with britain over canada and latin america.