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Answer:

The phrase means that the only thing holding the American people back from dealing with the Great Depression was fear. Roosevelt's famous expression relates to the idea of fear by showing how crippling and debilitating it can be if people let it rule their lives.

Explanation:

I believe this should help. I did copy it from a website so just make sure to reword it.

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Answer:

"So, first of all, let me assert my firm belief that the only thing we have to fear is...fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance."

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