HIST 2057 Lecture : The American Continent Notes
Document Summary
William seward, seward folly bought alaska from russia for 17. 2 million didn"t know how rich alaska was with minerals and oil. China (politically weak country) us had low tax rates on exported goods so that american goods could be sold at a more competitive market in china. Countries started entering into parts of china to exploit the country. (people started taking over economically and politically) so that china could become german china, italy china, etc. United states wanted to keep china a whole so that exports to them would stay intact - led to open door policy. Open door policy no nation should interfere with the trading rights between other countries. (germany can"t take over china and charge. American rates higher than anyone else) basically don"t break up china so that we can obtain our most favorite nation status . Those who accept the open door policy don"t benefit anyone except.
