Tag Archives: 1904

The Roosevelt Corollary was an additional policy to Monroe Doctrine by U.S. President Theodore Roosevelt in 1904. It showed that U.S. have the right to exercise “an international police power”in the Western Hemisphere against European intervention. The Roosevelt administration encouraged American banks to invest into Dominican Republic, Cuba and Costa Rica, and he believed economic control was the best way to spread American values. And this policy influenced economy and politics of these small countries a lot.