Essay heading: Foreign Policy

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Issue:

American History

 

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Date added:

September 2, 2005

 

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3 / 631

 

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It explains the problems of overproduction in the country: "Today, we are making more than we can use?there are more workers than there is work; there is more capital than there is investment?we need more circulation."(For the Record p.117) All of these factors contributed to America's need to expand to foreign markets...
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By establishing trade with other countries, America could import natural resources in order to produce manufactured goods at cheaper costs. This expansion of the economy would provide a market for the overproduction of goods and also increase jobs. Additionally, strategic concerns were contributing factors in expansionism...
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