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When FDR said "We have nothing to fear but fear itself," what was he referring to? the United States' participation in World War II the United States' distressed economy and the Great Depression the United States' relations with European nations the United States' relations with Latin American countries



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He was referring to the Great Depression. They were in their 4th year (1933) of the Great Depression at the time of his speech so wanted to calm and reassure the American citizens, especially after the Hoover administration which was terrible to say at the least. 
the great depression. it was terrible, but he meant only that we shouldnt be afraid of that, we need to stand up and be brave!

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