With the hopes of expanding to new markets and increasing trade, President Roosevelt extended formal
Recognition of this country in November, 1933; his decision met with much criticism.

Question

Quizplus · Accepted Answer

In November 1933, President Roosevelt extended formal recognition to the Soviet Union, aiming to open up new markets and increase trade. This decision was indeed met with criticism, as the Soviet Union was a communist state, and relations between it and capitalist countries were tense.

With the Hopes of Expanding to New Markets and Increasing