Download FINAL ASSESSMENT US in world economy

FINAL ASSESSMENT
US IN WORLD ECONOMY
By: Allen Namoca
TOPIC
The United States started off as the first Thirteen Colonies, where it later
began to grow from western expansionism to foreign territories. It’s economic
growth increased by a large amount over the past years ever since America was
founded.
THESIS
The United States was impacted by many assets, nationally and internationally,
where it was affected economically by the Louisiana Purchase, SpanishAmerican War, and Reciprocity Treaty of 1875.
BODY 1: LOUISIANA PURCHASE
In 1803, the Louisiana Purchase was considered as the most significant and
great event towards westward expansion in the United States.
LOUISIANA PURCHASE
"It was the beginning of the meeting of multi-cultural frontiers. The
Louisiana Purchase changed what the United States had been and had a
profound effect on what the United States would become".
LOUISIANA PURCHASE
It served as vital role for President Thomas Jefferson's presidency and mainly
to obtain the Mississippi River and use New Orleans as a port; this river was
and still is used as a trade and transportation route.
LOUISIANA PURCHASE
The amount of territory that the country owned began to display the United
States’ power and wealth as it continues to expand and grow.
SPANISH-AMERICAN WAR
The war was sparked due to an accident with the American ship called the
Maine where its engines malfunctioned and exploded, American then blamed
Spain for causing such 'sabotage'.
SPANISH-AMERICAN WAR
The treaty proposes where Spain "relinquishes all claim of sovereignty over
and title to Cuba. And as the island is, upon its evacuation by Spain, to be
occupied by the United States, the United States will, so long as such
occupation shall last, assume and discharge the obligations that may under
international law result from the fact of its occupation, for the protection of
life and property", as mentioned in the Article 1 of the peace treaty.
SPANISH-AMERICAN WAR
The main point derived from this situation was the result of the war, where
the Treaty of Paris of 1898 was signed to resolve the issues of distribution of
land and to put an end to such pointless 'accidental' conflict.
SPANISH-AMERICAN WAR
This most likely gave America an advantage, especially economic-wise. It is
considered a good advantage because of the fact that the more territory
America obtains, the more power it displays; America relies on foreign
countries for certain goods that could not be produced in its own country.
RECIPROCITY TREATY 1875
According to the Reciprocity Treaty of 1875 between Hawaii and the United
States, this treaty served a purpose to 'strengthen' ties between these two. This
treaty served as a great economic advantage where it gave the United States
the privilege of marketing sugar and other goods that came directly from
Hawaii.
RECIPROCITY TREATY 1875
The first two articles regard about this treaty's purpose stating, "For and in
consideration of the right and privilege granted by the United States of
America in the preceding article of this Convention, and as an equivalent
therefor, His Majesty the King of the Hawaiian Islands hereby agrees to admit
all the articles named in the following schedule, the same being the growth,
manufacture, or produce of the United States of America, into all the ports
of the Hawaiian Islands free of duty".
RECIPROCITY TREATY 1875
The purpose to why America annexed Hawaii as a state was because it served
a purpose as a perfect trading port and naval base. Goods directly from
Hawaii were worthwhile as well to the United States.
RECIPROCITY TREATY 1875
Hawaii was proven to be a great asset towards the United States. This treaty
served as a great economic advantage where it gave the United States the
privilege of marketing sugar and other goods that came directly from Hawaii.
CONCLUSION
America’s westward expansion had already foreshadowed the future of its
country, where it will begin to expand even across seas, like to Cuba. As the
economy flourishes, the country expands as well.