Answer :

In 1937, President Roosevelt announced that if a nation were to purchase military goods from the United States, you should pay for the items in cash and hope to find a way to bring them back to your country.

What are Roosevelt's three main goals?

When he became president, he came to the White House with a plan. The New Deal had his three goals: relief, recovery and reform. Relief meant the president wanted to immediately help those in crisis by creating jobs, bread lines, and welfare.

What was Roosevelt's solution to the 1937 recession?

The recession ended after the Federal Reserve lowered its reserve requirements. The Treasury Department ceased sterilizing the money flow and unsterilized all remaining gold that had been sterilized since December 1936, and the Roosevelt administration began pursuing an expansionary fiscal policy.

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