B. They wanted to access new sources of labor and natural resources
D. They wanted to open new markets for U.S. export goods
Therefore business leaders push the United States to claim overseas territories.
Answer: Option B and E
Explanation:
Economic reasons were a significant catalyst which contributed to US overseas globalization. The growth in productivity has given rise to competition for US goods from markets or dumping grounds. Cheap labor was required to reduce the cost price of goods, so the extension policy was implemented to meet this need.
Americans talked of finding areas like Hawaii and Philippines for the search of raw materials. One of the significant consequences of this imperialism was that- the far-reaching propagation of American doctrines.
