This involvement ultimately lead to greater instability and worldwide catastrophes. The roots. Even as World War I approached the current president Woodrow Wilson, along with the majority of Americans, still tried to avoid involvement with the war. America also had little to no involvement with foreign affairs in Asia.
Slavery by the Numbers
Is the U.S. an Empire? | History News Network
Because of these two fundamental elements to his argument, we can assess events differently than before hand, finding out ways to take a step back and look at actions as they affect multiple nations simultaneously. Of these international events from , the Age of Imperialism, World War I, and the Great Depression had worldwide impacts on economic and social issues. Imperialism in the late 19th century. He in addition wrote about. In addition, at first glance, there were.
When war broke out in Europe in the summer of , a sense of dread rippled through the American business community. So great was the fear of contagion from tumbling European markets that the New York Stock Exchange was closed for more than three months , the longest suspension of trade in its history. At the same time, businesses could see the enormous potential the war might bring to their bottom lines. The economy was mired in recession in , and the war quickly opened up new markets for American manufacturers.
Even after what Germany did, President Wilson still hesitated in taking further steps. Wilson broke off any relationship with Germany, but still did not declare war with them. The Germans U-boats continued to sink million tons of Allied ships per month; the Allies told Wilson that without their supplies they have no chance in winning the war. Finally on April 2, Wilson went to the Congress and asked for a declaration of war.