Which Of The Following Statements Best Describes The Lend-Lease Program?

by | Last updated on January 24, 2024

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The statement that best describes the program initiated by the US is that –

The U.S. was allowed to lease bases on foreign territory in exchange for military supplies.

Which of the following best describes the Lend-Lease program?

The statement that best describes the program initiated by the US is that –

The U.S. was allowed to lease bases on foreign territory in exchange for military supplies.

What was the Lend-Lease program quizlet?

The Lend-Lease Act

authorized the providing of materials to nations that protected the United States

. There were no limits on weapons loaned or sums of money or the use of American ports. It allowed the president to transfer materials to Britain WITHOUT payment as required by the Neutrality Act.

What was the main purpose of the Lend-Lease program?

The lend-lease program provided

for military aid to any country whose defense was vital to the security of the United States

. The plan thus gave Roosevelt the power to lend arms to Britain with the understanding that, after the war, America would be paid back in kind.

What was the purpose of the Lend-Lease Act quizlet?

What was the purpose of the Lend and Lease Act? It was

to help allied nations during World War II

.

Which of the following describes the Lend-Lease Act?

The Lend-Lease Act stated that

the U.S. government could lend or lease (rather than sell) war supplies to any nation deemed “vital to the defense of the United States

.” Under this policy, the United States was able to supply military aid to its foreign allies during World War II while still remaining officially neutral …

Who benefited from the Lend-Lease Act?

Initially created to help Great Britain, within months, the Lend-Lease program was expanded to include

China and the Soviet Union

. By the end of the war, the United States had extended over $49 billion in Lend-Lease aid to nearly forty nations.

What happened as a result of the Lend-Lease Act of 1941 quizlet?

On 11th March 1941, Congress passed the Lend-Lease Act. The

legislation gave President Franklin D. Roosevelt the powers to sell, transfer, exchange, lend equipment to any country to help it defend itself against the Axis powers

. A sum of $50 billion was appropriated by Congress for Lend-Lease.

What were cash and carry and lend-lease What was their purpose quizlet?

-cash and carry:

Policy adopted by the United States in 1939 to preserve neutrality while aiding the Allies

. … -the lend-lease program: Act of 1941 that permitted the US to led or lease arms and other supplies to the Allies, signifying an increasing likelihood of American involvement in WWII.

What were the major consequences of the Lend-Lease Act?

The major consequences of the Lend-Lease Act were

unleashing significant economic support for the allies and antagonized the axis powers

.

Why did the Lend Lease program anger isolationists?

Why did the Lend-Lease program anger isolationists?

It was seen as way to undermine the Neutrality Acts

. Which word generally describes the attitude of the American public toward news of the treatment of Jews in Europe before World War II? … How did the U.S. government respond to entrance into World War II?

Is the Lend Lease Act still in effect?

It was signed into law on March 11, 1941, and

ended

on September 20, 1945. In general, the aid was free, although some hardware (such as ships) were returned after the war. In return, the U.S. was given leases on army and naval bases in Allied territory during the war.

Did Britain pay back Lend Lease?

Under the lend-lease programme, which began in March 1941, the then neutral US could provide countries fighting Adolf Hitler with war material. … Upon the final payments,

the UK will have paid back a total of $7.5bn (£3.8bn) to the US

and US$2 bn (£1bn) to Canada.

Who attacked Pearl Harbor & Why quizlet?

Terms in this set (4)


Japan

had launched a surprise attack against a military base at Pearl Harbour in America. This attack caused many deaths and after decades of conflict between the two countries, the USA had finally declared war.

How did the Lend Lease Act allow the United States to assist its allies in Europe quizlet?

How did the Lend-Lease Act allow the United States to assist its allies in Europe?

It allowed Congress to declare war on the Axis powers

. … It allowed Allies to purchase US weapons by paying cash. It provided Great Britain with assistance for coastal defenses.

How was the Lend Lease Act of 1941 different than the cash and Carry Act of 1939 quizlet?

The difference between the two was that

“cash and carry” is where nations had to pay for the goods and have it delivered to them on their own ships

, whereas in “lend-lease” weapons were sold, exchanged, lent, or leased to nations whose defense seemed vital to the U.S.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.