Explain "Expansionism" as a Theory of Foreign Relations

question 10

Essay

Explain "expansionism" as a theory of foreign relations. How and when did America adopt a theory of expansionism? Include an understanding of "manifest destiny" in your answer.

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Definitions:

Alternative Choices

Different options or courses of action that can be taken in a decision-making process.

Sunk Cost

A cost that has already been incurred and cannot be recovered, regardless of future events.

Differential Cost

The difference in cost between two alternative decisions or changes in the level of output or activity.

Total Cost Method

The total cost method is an accounting approach that sums all costs involved in producing or buying goods to determine their overall expense.