Final answer:
Franklin Roosevelt's Good Neighbor Policy emphasized respect for the sovereignty of Latin American nations and non-intervention, which can be summarized as renouncing any nation's right to intervene in the affairs of another. It differed from Theodore Roosevelt's "big stick" policy and was not related to nonaggression pacts with the Soviet Union or the Yalta agreements.
Step-by-step explanation:
Franklin Roosevelt's Good Neighbor Policy was designed to improve relationships with Latin American countries, shifting away from previous policies that often involved military interventions. The policy was characterized by the United States withdrawing troops from nations such as Haiti and Nicaragua, as well as repudiating the Platt Amendment's provisions that allowed the U.S to intervene in Cuban affairs, with the exception of maintaining the Guantanamo Bay naval base. The Good Neighbor Policy emphasized respect for the sovereignty of Latin American nations and non-intervention in their affairs.
Answering the student's question directly, the Good Neighbor Policy: b. renounced any nation's right to intervene in the affairs of another. This contrasts with the foreign policy approach of Theodore Roosevelt, who advocated for the "big stick" philosophy, which did involve assertive intervention in the hemisphere. The Good Neighbor Policy, in spirit, avoided such interventions, even where American interests were potentially at risk and sought to improve diplomatic relations without coercion or military force.
It's essential to clarify that the policy did not lead to a nonaggression pact with the Soviet Union, it didn’t shape the Yalta agreements (as these took place during World War II, long after the policy was initiated), and it wasn't associated with the "Speak softly, and carry a big stick" philosophy, which belonged to Theodore Roosevelt, not Franklin Roosevelt.