Capitalism and Foreign Policy
Capitalism is a social system, consisting of a small section of the population, which produces and distributes goods for the purpose of making a profit. Foreign Policy is the manner in which the United States interacts with other countries around the world. War, or the effect of these wars, impacted capitalism and foreign policies differently. WWI diminished the possibilities of entrepreneurship and hurt foreign policy while in WWII, capitalist benefitted and foreign policies were strengthened. During The Cold War, capitalism was at odds with communism. Throughout history, government has put into place numerous policies that affect capitalism and foreign policy.
After World War I, America was on an economic downturn. This caused the ideals of capitalism and foreign
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At the beginning of WWII, they signed many neutrality acts to make sure they stayed out of the fray. Americans, eventually changed from being completely uninvolved, to giving aid to foreign allies (France and Britain), without fighting. The US continued to stay physically uninvolved until directly affected. The attack on Pearl Harbor in 1941 was our entryway into the War. The situation with Japanese-Americans during this time was tense. Because of the attack on our own soil, by Japan, the creation of Japanese Internment camps were created. In “Constitutional Principles Involved in the Relocation Program”, Dillon Myer states,
The concentration of the Japanese-Americans along the West Coast, the danger of invasion of that Coast by Japan, the possibility that an unknown and unrecognizable minority of them might have greater allegiance to Japan than to the United States… and the danger of civil disturbance due to fear and misunderstanding – all these facts, created a situation which the National Government could, we believe, deal with extraordinary measures in the interest of military