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One of the reasons why the United States looked to the Pacific for new markets is because labor and production costs were far cheaper there than they were domestically--meaning products could be produced and shipped for less.
The United States looks to the Pacific for new markets to help keep their economy strong.

Americans believed that taking places like Hawaii and therefore the Philippines would offer them new sources of raw materials. It might conjointly offer them new markets during which to sell their merchandise. Second, Americans wished to unfold their manner of life around the globe.
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