What does the term 'Big Stick Diplomacy' refer to?

'Big Stick Diplomacy' refers to a foreign policy approach associated with President Theodore Roosevelt, emphasizing the use of military power as a means of international influence while advocating for negotiation and diplomacy. The phrase encapsulates the idea of speaking softly in diplomatic discussions but having a strong military presence to back up one's negotiations and decisions. Roosevelt believed that possessing a robust military capability would deter potential adversaries and encourage other nations to negotiate more favorably.

The correct answer highlights how the projection of military strength plays a crucial role in shaping international relations, reinforcing the sentiment that a strong military can enhance a nation’s negotiating power without the need to engage in outright conflict. This strategic use of military preparedness aimed to protect U.S. interests, especially in Latin America, and exemplified Roosevelt’s approach to foreign policy during his presidency.

The other options either miss the central aspect of military influence or misinterpret the concept as strictly economic strategies or cultural exchanges, which are not the primary focus of 'Big Stick Diplomacy.'