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Manifest Destiny had now been achieved.
In 1848, Mexico wanted to sell the Yucatan peninsula to Great Britain for 64 million dollars. President James K. Polk became alarmed at the possibility of the English gaining a foothold in the Americas. He informed both parties that this transaction would be a violation of the Monroe Doctrine and threatened war...
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Consequently, the deal did not go through. This addition to the Monroe Doctrine came to be known as the Polk Corollary.
After the Civil War and Reconstruction, came what is called the Gilded Age (c.1876-1914). During this period, there was a big economic boom and many big businesses and corporations were created...
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