The threat of Dominican bankruptcy in 1904 motivated President Theodore Roosevelt to

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The threat of Dominican bankruptcy in 1904 led President Theodore Roosevelt to claim the right to intervene in the internal affairs of Latin American and Caribbean countries, a policy later known as the Roosevelt Corollary to the Monroe Doctrine. This policy was aimed at preventing European intervention in the region by asserting that the United States would take responsibility for ensuring that countries in the Western Hemisphere met their international obligations.

The Threat of Dominican Bankruptcy in 1904 Motivated President Theodore