America’s entry into the world arena was driven by its dynamic economic expansion. By the time of World War I, the US economy was dependent on the international economy as a whole. Its industries had expanded to such a point, Wilson explained during his campaign for the 1912 elections, that “they will burst their jackets if they cannot find a free outlet to the markets of the world.” Domestic markets, he insisted, no longer sufficed. America needed foreign markets. The demands of the war helped provide these markets, transforming the US from a debtor to a creditor nation.