USA HISTORY

Detailed explanation-1: -In December 1940, Roosevelt introduced a new policy initiative whereby the United States would lend, rather than sell, military supplies to Great Britain for use in the fight against Germany. Payment for the supplies would be deferred, and could come in any form Roosevelt deemed satisfactory.

Detailed explanation-2: -Following two months of debate, Congress passed the Lend-Lease Act, meeting Great Britain’s deep need for supplies and allowing the United States to prepare for war while remaining officially neutral.

Detailed explanation-3: -Totaling $11.3 billion, or $180 billion in today’s currency, the Lend-Lease Act of the United States supplied needed goods to the Soviet Union from 1941 to 1945 in support of what Stalin described to Roosevelt as the “enormous and difficult fight against the common enemy-bloodthirsty Hitlerism.”

Detailed explanation-4: -Lend-Lease effectively ended the United States’ pretense of neutrality which had been enshrined in the Neutrality Acts of the 1930s. It was a decisive step away from non-interventionist policy and toward open support for the Allies. Lend-Lease’s precise significance to Allied victory in WW2 is debated.