USA HISTORY

Detailed explanation-1: -The Alliance for Progress (Spanish: Alianza para el Progreso), initiated by U.S. President John F. Kennedy on March 13, 1961, aimed to establish economic cooperation between the U.S. and Latin America.

Detailed explanation-2: -Initiated by President John F. Kennedy in 1961, the Alliance for Progress sought to establish economic cooperation between the United States and Latin America and avert an expansion of communist influence in the region.

Detailed explanation-3: -Kennedy proposed a tax cut designed to help spur economic growth. Kennedy believed that the tax cut would stimulate consumer demand, which in turn would lead to higher economic growth, lower unemployment, and increased federal revenues.