Tuesday, April 23, 2013

Open Door Policy

The Open Door Policy is an equal trade to all countries. The purpose for this policy in 1899 was to have a treaty with china, so they didn't have a problem. All the countries have an equal amount of shares. But it took a year just to make way. It helped China economy, but America was afraid to lose their economy and political power over this. 

Japan did not agree with is absurd policy, they thought America shouldn't create this policy at all. The only reason why America created this policy was to not lose power in the east and would later gain power. Japan was upset with this policy because they had to abandon their trading to china because of this “Open Door Policy’. Japan was afraid to abandon their trading because their economy was going to be very bad and ruined to trade to other countries. But Japan economy didn't really get damage them as they thought it would of have.

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