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The war officially ended four months later, when the U.S. and Spanish governments signed the Treaty of Paris on December 10, 1898. Apart from guaranteeing the independence of Cuba, the treaty also forced Spain to cede Guam and Puerto Rico to the United States.
After the Spanish-American War, American investors poured billions into various projects in Latin America, Eastern Asia, and in the Philippines, including mines, railroads, and sugar, banana, and coffee plantations. In addition, Cuba and the Philippines gave the U.S. access to naval bases.