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: -Passed on March 11, 1941, this act set up a system that would allow the United States to lend or lease war supplies to any nation deemed “vital to the defense of the United States."

Detailed explanation-3: -On January 10, 1941, Franklin Roosevelt introduces the lend-lease program to Congress. The plan was intended to help Britain beat back Hitler’s advance while keeping America only indirectly involved in World War II.

Detailed explanation-4: -L. 77–11, H.R. 1776, 55 Stat. 31, enacted March 11, 1941), was a policy under which the United States supplied the United Kingdom, the Soviet Union, France, China, and other Allied nations with food, oil, and materiel between 1941 and 1945.

Detailed explanation-5: -On October 30, 1941, President Roosevelt, determined to keep the United States out of the war while helping those allies already mired in it, approves $1 billion in Lend-Lease loans to the Soviet Union.