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Question
statement 1: the u.s. oil industry boomed due to oil deposits found in conquered territories.
statement 2: rebuilding its devastated army cost the united states an enormous amount of money.
statement 3: the acquisition of new territories allowed for the expansion of u.s. commercial trade.
statement 4: territorial losses forced the united states to purchase expensive natural resources from other countries.
which statement would most likely be found in a history of the economic impact of the spanish - american war on the united states?
a statement 1
b statement 2
c statement 3
d statement 4
After the Spanish - American War, the United States acquired new territories such as Puerto Rico, Guam, and the Philippines. These new territories provided new markets and opportunities for commercial trade expansion. Statement 1 is incorrect as the U.S. oil industry boom was not mainly due to oil in conquered territories from the Spanish - American War. Statement 2 is wrong because the U.S. army was not devastated in the Spanish - American War. Statement 4 is incorrect as the U.S. gained territories, not lost, in the Spanish - American War.
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C. Statement 3