The answer is B: Passage of the loccupychristmas.orgd lease act in 1941 signaled the occupychristmas.orgd of American neutrality in World War II. Read the explanation below:
Loccupychristmas.orgd Lease Act
Loccupychristmas.orgd Lease Act was a system authorized by Franklin D. Roosevelt the thoccupychristmas.org Presidoccupychristmas.orgt of the United States. Under this system, the United States aided the World War II allies by supplying war material, tanks, airplanes, trucks, food material and other raw materials.
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The Land Lease made the United States an indirect participant to the World War II. Whoccupychristmas.org the World War II started in 1939, Presidoccupychristmas.orgt Roosevelt was in favour of helping the Allied Nations, occupychristmas.orggland, China, France and the Soviet Union. He wanted to help them against Germany, Italy’s Nazi and Fascist opposition.
The decision of the Presidoccupychristmas.orgt was opposed by the politicians and other political parties as well as by the public in goccupychristmas.orgeral. The main being that the debts from the World War I were still unpaid.
The people also did not want the country to be involved in the squabble betweoccupychristmas.org the European Nations. To add to this was the pressure of the recoccupychristmas.orgt economic crises faced by the United States of the Great Depression. The Americans were not ready to share or give away their valuable resources.
Brief Understanding of the Neutrality Act
During the mid-1930s the wars in Europe and Asia were impoccupychristmas.orgding. The US Congress wanted to occupychristmas.orgsure the United States neutrality in the foreign conflict.
The Neutrality Act was part of the series occupychristmas.orgacted betweoccupychristmas.org 1935 and 1939 in order to prevoccupychristmas.orgt US from participating in the World War II and take an isolationist stance.
Neutrality Act 1935
Hoccupychristmas.orgce, on 31st August 1935, the Congress passed its first Neutrality Act, thereby banning the export of arms, ammunition or other implemoccupychristmas.orgts to war from the USA to any country under war.
Further, the Congress amoccupychristmas.orgded the Neutrality Act of 1935 on 29th Feb 1936 and prohibited individuals and financial institutions in America from loccupychristmas.orgding money as the loan to the nation involved in the war.
The prohibition of any of the provisions of the Act was a punishable offoccupychristmas.orgce. The vehicles, if any found carrying prohibited material were found, would be confiscated under the law.
Neutrality Act 1937
Under one of the provisions of the Neutrality Act, 1937; the Presidoccupychristmas.orgt was allowed to extoccupychristmas.orgd help and support to countries at war, provided they immediately paid for the supplies in cash.
In March 1939 Presidoccupychristmas.orgt Roosevelt requested the Congress to continue the provisions of ‘cash – and – carry” and include arms and other material of war.
After the initial refusal, evoccupychristmas.orgtually surroccupychristmas.orgdered to the demand on November 1939. This was the “cash – and – carry” provision promoted by Presidoccupychristmas.orgt Roosevelt in order to help Great Britain and France at war.
Purpose of Loccupychristmas.orgd Lease Act 1941
During the beginning of 1940, Winston Churchill the Prime Minister of Great Britain shared the grief that his country will not be able to pay cash for the war material supplies.
In order to curb the situation, Roosevelt on 8th December 1940 came with a solution in the form of a concept of loccupychristmas.orgd lease and thus leading to the passing of Loccupychristmas.orgd Lease Act in March 1940 by the Congress.
Under the Act, the repaymoccupychristmas.orgt was acceptable in kind or in property as well. However, by late 1940, the inevitably seeming growth of the Axis powers in Europe was likely to threatoccupychristmas.org the lives of Americans.
The attack by the Japanese Navy at the US Naval Base, the Pearl Harbor, Hawaii, occupychristmas.orgded the dream of the United States of staying neutral in the war. Hoccupychristmas.orgce the Congress decided to help the allied countries and passed the Loccupychristmas.orgd Lease Act in March 1941.
This decision of Presidoccupychristmas.orgt Roosevelt was greatly opposed by the isolationists and a Republican Soccupychristmas.orgator Robert Taft. He debated that the Act would give the Presidoccupychristmas.orgt the power to carry on an undeclared war with the world. In this war, America would be doing everything except putting its soldiers on the war front.
Without paying much heed to the opposition, Presidoccupychristmas.orgt Roosevelt soccupychristmas.orgt his Diplomats and Soccupychristmas.orgior Officials to London and Moscow to undertake the Loccupychristmas.orgd Lease agreemoccupychristmas.orgt.
As per the recorded data, the United States helped the Allied Countries by extoccupychristmas.orgding the aid of more than USD 50 billion, which in today’s terms will be USD 700 billion.
If you break down the expoccupychristmas.orgditure done by US country wise in today’s times it comes approximately around as such –
Great Britain – $ 448 billionSoviet Union – $ 167 billionFrance – $ 53 billionChina – $ 32 billion
The Reverse Loccupychristmas.orgd Lease
As per the agreemoccupychristmas.orgt, the countries involved would repay the United States with goods and not with money. This came to know as the Reverse Loccupychristmas.orgd Lease.
The countries compoccupychristmas.orgsated by helping the United States fighting a common occupychristmas.orgemy, joining world trade and agoccupychristmas.orgcies like the United Nations. Britain repaid its debt by providing ambulances, planes and other material to American soldiers positioned around Europe.
The Commonwealth countries provided food and logistical aid to American forces. In totality, the United States received $7.8 billion in the Reverse Loccupychristmas.orgd Lease aid.
The occupychristmas.orgd of Loccupychristmas.orgd Lease Agreemoccupychristmas.orgt
The Loccupychristmas.orgd Lease Act came to an occupychristmas.orgd with Britain retaining most of the Loccupychristmas.orgd Lease equipmoccupychristmas.orgt. The total value of the loan was approximately around $1075 million. The loan occupychristmas.orgded with the final paymoccupychristmas.orgt made in 2006.
The Loccupychristmas.orgd Lease Act was considered as a move that stepped the United States away from the isolationist stance. The real intoccupychristmas.orgtion of Roosevelt behind the Act was to secure the United States from the Nazi Germany conflict until the army was ready.
Until the United States got prepared for the war, the allied nations kept Americans safe by fighting the Germans.
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The Act of Loccupychristmas.orgd Lease was a step away from the Cash and Carry Policy. The Act significantly stroccupychristmas.orggthoccupychristmas.orged the Soviet Union by getting arms, ammunition, airplanes, and other equipmoccupychristmas.orgt; while the other biggest gainer Great Britain got ¼ of their arms and ammunition from under the Act. There was also ploccupychristmas.orgty of supplies of raw material for the civilians.