Which statement reflects the economic impact of the Spanish-American War on the United States?

The statement about the acquisition of new territories allowing for the expansion of U.S. commercial trade accurately reflects the economic impact of the Spanish-American War on the United States. Following the war, the U.S. gained control over several territories, including Puerto Rico, Guam, and the Philippines. These acquisitions opened new markets for American goods and facilitated trade routes in the Caribbean and Pacific regions. As a result, American businesses capitalized on these new opportunities, significantly boosting trade and economic interests abroad.

Territorial expansion not only provided access to resources and markets but also allowed the United States to reposition itself as a global power with increased influence in international trade. This economic expansion played a vital role in the overarching narrative of American imperialism during this period.

Other statements do not capture the primary economic advantage gained through the war. The mention of the oil industry booming points to a specific industry rather than a broader economic trend. The cost of rebuilding the army and territorial losses imply financial burdens rather than advantages gained, diverging from the positive economic impacts facilitated by new territorial acquisitions and trade opportunities.