What are the pros of dollar diplomacy in latin america?

Question:even though it was unfavored among people in Latin America what were the good points? give some statements.

Best Answer - Chosen by Asker: even though it was unfavored among people in Latin America what were the good points? give some statements.

William Howard Taft, former governor of the Philippines, followed Roosevelt into the White House. Taft believed in economic expansion, and he introduced a policy called "dollar diplomacy." This policy used diplomacy to advance and protect American businesses in other countries. Taft employed Roosevelt's corollary in Nicaragua and other Latin American countries to protect American investments.
American businesses had been active in Nicaragua since the 1850s. The lush country attracted American fruit growers and mining companies. Others believed that Nicaragua offered the best site for a canal, and they invested in land. Cornelius Vanderbilt started a company that transported passengers between New York and San Francisco via the Nicaraguan jungle. Shortly after Commodore Perry opened Japan, Vanderbilt plotted to take control of Nicaragua.