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13 February, 02:50

1. Why did businesses and foreign policymakers increasingly look outside U. S. borders in an effort to gain

greater influence and control over markets and natural resources in the Pacific Rim, Asia, and Latin

America?

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Answers (1)
  1. 13 February, 03:20
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    The economically imperial policy of neo colonialism was championed by US.

    Explanation:

    US wanted to increase its sphere of influence and to have more market for their bludgeoning production and factories.

    Thus they forced or made many other countries to turn towards a free market economy of which the US was a proponent and then made them a part of their own economic system.

    This they did in newer economies that had recently been decolonized or became countries anew. This was to take advantage of early capitalist economies and to have their influence laid over these developing economies.
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