As Part of His Plan to Concentrate on Alleviating the Depression

question 47

Multiple Choice

As part of his plan to concentrate on alleviating the Depression at home, President Roosevelt's administration

• A) cooperated closely with other nations in the London Economic Conference.
• B) extended formal diplomatic recognition to the Soviet Union.
• C) abandoned the armed interventionist policy toward Latin America articulated in the (Theodore) Roosevelt Corollary to the Monroe Doctrine.
• D) promised independence to the Philippines.
• E) sought closer ties with Canada and Mexico.

---

Definitions:

Laissez Faire

An economic policy or attitude of letting markets operate without government interference or regulation.

Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced, typically recognized by a fall in GDP in two successive quarters.

Depression

A severe and prolonged downturn in economic activity, characterized by significant declines in GDP, high unemployment, reduced consumer spending, and deflation.

Manufacturing Employment

Jobs and positions related to the production of goods and materials through physical labor or machinery in industrial settings.