Final answer:
The idea that the U.S. and Latin America should work together became known as the Good Neighbor Policy.
Step-by-step explanation:
The concept of collaboration between the United States and Latin America crystallized in the form of the Good Neighbor Policy during the 1930s and 1940s. Instituted by President Franklin D. Roosevelt, this diplomatic approach sought to foster improved relations with nations in Latin America and the Caribbean. The policy was grounded in the principle of demonstrating greater respect for the sovereignty of these nations, emphasizing their right to self-governance.
A crucial aspect of the Good Neighbor Policy involved the withdrawal of U.S. military forces from territories in Latin America, marking a departure from interventionist practices that had characterized earlier U.S. foreign policies in the region. By embracing cooperation and mutual respect, the Good Neighbor Policy aimed to build stronger, more equitable partnerships between the United States and its southern neighbors, contributing to a more collaborative and diplomatic approach in the Western Hemisphere.