Definition
The open door policy is a national trading policy which mainly addresses the issues relating to creating a settlement at the end of the First World War and the challenges of promoting and maintaining peace in the period from 1918 to 1936.
Significance
This term significant for peacemaking and peacekeeping from 1918-1936 because it is designed to create peace settlement that reflected both the idealism of US president Woodrow Wilson and the security and territorial concerns of the other powers. Also examines the need to revise and re-examine the Treaty of Versailles. It is also concerned with the problems of implementing new ways to preserve peace, such as the League of Nations. It was also designed to solve the threats to a peaceful world order presented by revolutionary political movements such as Bolshevism and fascism, as well as the Great Depression.
Definition
The open door policy is a national trading policy which mainly addresses the issues relating to creating a settlement at the end of the First World War and the challenges of promoting and maintaining peace in the period from 1918 to 1936.
Significance
This term significant for peacemaking and peacekeeping from 1918-1936 because it is designed to create peace settlement that reflected both the idealism of US president Woodrow Wilson and the security and territorial concerns of the other powers. Also examines the need to revise and re-examine the Treaty of Versailles. It is also concerned with the problems of implementing new ways to preserve peace, such as the League of Nations. It was also designed to solve the threats to a peaceful world order presented by revolutionary political movements such as Bolshevism and fascism, as well as the Great Depression.