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Guatemala was among the Central American countries of the period known as a banana republic. [9] [10] From 1890 to 1920, control of Guatemala's resources and its economy shifted away from Britain and Germany to the U.S., which became Guatemala's dominant trade partner. [8]
The 1823 Monroe Doctrine, opposed additional European colonialism in the Western Hemisphere.It held that any intervention in the political affairs of the Americas by foreign powers was a potentially hostile act against the U.S. [2] It also began Washington's policy of isolationism, stating it was necessary for the United States to refrain from entering into European affairs.
Franklin D. Roosevelt pulled out because the U.S. could no longer afford to keep troops in the country due to the Great Depression. The second intervention in Nicaragua would become one of the longest wars in United States history. The United States left the Somoza family in charge, who killed Sandino in 1934. [27]
In 1912, during the Banana Wars period, the U.S. occupied Nicaragua as a means of protecting American business interests and protecting the rights that Nicaragua granted to the United States to construct a canal there. [57] At the same time, the United States and Mexican governments competed for political influence in Central America.
The Great Depression in Latin America heavily affected the region in the 1930s after the Great Depression had spread globally since the stock market crash of 1929 on Wall Street. [1] The Great Depression saw change in Latin America's governments, their economic policies and the nations' economic performance. It is initiated by the economic ...
Guatemala is bordered by the North Pacific Ocean and the Gulf of Honduras (also known as the Caribbean Sea). It shares land borders with Mexico, El Salvador, Honduras and Belize. Due to Guatemala's proximity to the United States, fear of the Soviet Union creating a beachhead in Guatemala created panic in the United States government during the ...
The Great Depression was the worst economic crisis in US history. More than 15 million Americans were left jobless and unemployment reached 25%. 25 vintage photos show how desperate and desolate ...
1811: United States federal agent Joel Roberts Poinsett arrives in Chile to assess the prospects of Chilean revolutionaries during their war against the Spanish Empire, leading the first of many U.S. interventions in Chile. 1846–1848: During the Mexican–American War, Mexico and the United States warred over Texas, California, and what today ...