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Although the US government committed itself to supplying Britain and the other Allies with weapons and other materials, US law insisted these goods had to be paid for.
By 1940 it was clear that Britain was running out of money, so the American President Roosevelt proposed the idea of 'lend lease', which allowed the United States to supply strategic materials in exchange for anything that the president decided was of benefit to his country.
Britain received huge amounts of armaments and food, read more...

Tags: economy, weapons, power

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