HIST 2057 Chapter : History 2057 Textbook Chapter 29
Document Summary
War was erupting in europe and asia, and roosevelt had to switch his focus from domestic to foreign affairs. He had to shift his attention from social reform to military preparedness and war. The public again had to wrestle with a painful choice: involve the country on a volatile war or remain aloof and completely neutral. The spirit of isolation was also seen in high tariffs on foreign imports, the red scare, and the restrictive immigration laws. American business now had worldwide connections, and investments and loans abroad out in circulation the dollars that allowed foreigners to purchase american exports. Most americans expected the war loans to be paid back but europeans had a different idea. To earn the money needed to pay back the debts, europeans needed to sell their goods to america, but the tariff rates were too high. Doing away with intervention in latin america helped to also do away with resentments of.
