Nowhere was dominance of fossil fuels or the very powerful industrial upswing stronger in 01922 than in the United States. But the US did not then have the huge international network of overseas military deployment and occupied territories it developed later that century. It did have some overseas territories: the Philippines, Puerto Rico, Hawaii, Cuba, Guam, Alaska, Samoa, the Virgin Islands, Wake Island, the Panama Canal, and arguably Honduras; but these were primarily naval bases and tourist resorts, not pools of cheap labor or troves of resources to exploit.
To be sure, sugar from Puerto Rico, Cuba, and Hawaii, pineapples from Hawaii, and bananas from Honduras were obtained by exploitation of the residents of those unfortunate lands, enriching the US colonists, and gold was mined by the colonists in Alaska; but these resources were peripheral to the projects of US industrialization and energy supplies. 50 years earlier the US had none of them, just huge tracts of land taken by force from Native Americans.
In Britain, the Netherlands, Spain, Portugal, and Germany, the story was of course quite different. But it is perhaps not coincidental that the industrial power least addicted to plundering resources from colonies abroad became the land most prosperous in the epoch when industry and invention reshaped the world.
To be sure, sugar from Puerto Rico, Cuba, and Hawaii, pineapples from Hawaii, and bananas from Honduras were obtained by exploitation of the residents of those unfortunate lands, enriching the US colonists, and gold was mined by the colonists in Alaska; but these resources were peripheral to the projects of US industrialization and energy supplies. 50 years earlier the US had none of them, just huge tracts of land taken by force from Native Americans.
In Britain, the Netherlands, Spain, Portugal, and Germany, the story was of course quite different. But it is perhaps not coincidental that the industrial power least addicted to plundering resources from colonies abroad became the land most prosperous in the epoch when industry and invention reshaped the world.