What was FDR's policy towards Latin America known as?

FDR's approach towards Latin America is best known as The Good Neighbor Policy. This policy was implemented in the 1930s and aimed to improve diplomatic relations and foster economic cooperation between the United States and Latin American countries. One of its central tenets was the rejection of military intervention, which had characterized earlier U.S. foreign policy in the region.

FDR believed that the U.S. should engage with Latin America as an equal partner, promoting mutual respect and support rather than dominance. This represented a significant shift from previous policies that often involved coercion or intervention in Latin American affairs. The Good Neighbor Policy facilitated stronger trade relationships and cultural exchanges, and FDR's emphasis on diplomacy contributed to a more collaborative atmosphere between the United States and its southern neighbors.

The other options refer to different policies or doctrines that do not align with FDR’s vision for Latin America. The Monroe Doctrine established a long-standing policy of opposing European colonialism in the Americas, while the Open Door Policy pertained primarily to China and trade access. The Roosevelt Corollary, a modification of the Monroe Doctrine, justified U.S. intervention in Latin America, which stands in contrast to the principles of the Good Neighbor Policy.