Question

how did william howard taft use u.s. economic power to address the issue of latin american debt owed to european countries? (1 point) he provided economic incentives to encourage latin american countries to repay their debts more quickly. he paid off latin american countries debts to european countries so that they were indebted to the u.s. instead. he forced european countries to forgive latin american debt by threatening to go to war if they refused. he helped latin american countries boost exports to the u.s. so they could more easily afford to repay their debts.

Explanation:

William Howard Taft's approach of "Dollar Diplomacy" aimed to use economic influence. Paying off Latin American debts to European countries and making them indebted to the U.S. was a key aspect of this policy. It was a way to extend U.S. economic and political influence in Latin America.

Answer:

He paid off Latin American countries' debts to European countries so that they were indebted to the U.S. instead.