WORLD HISTORY

Detailed explanation-1: -Cash and Carry was a policy by US President Franklin Delano Roosevelt announced at a joint session of the United States Congress on September 21, 1939, subsequent to the outbreak of war in Europe.

Detailed explanation-2: -Cash and carry was a policy requested by U.S. President Franklin Delano Roosevelt on September 21, 1939 to replace the Neutrality Acts of 1936. The revision allowed the sale of materiel to belligerents, as long as the recipients arranged for the transport using their own ships and paid immediately in cash.

Detailed explanation-3: -Origin of Cash and Carry This expression originated in the first half of the 1900s. It comes from the idea that consumers pay for their items in cash and then carry them away.

Detailed explanation-4: -The Neutrality Acts were laws passed in 1935, 1936, 1937, and 1939 to limit U.S. involvement in future wars. They were based on the widespread disillusionment with World War I in the early 1930s and the belief that the United States had been drawn into the war through loans and trade with the Allies.

Detailed explanation-5: -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."