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The difference between cash and carry and lend-lease is that with cash and carry something is paid for outright. With a lend-lease something is leased for a portion of the cost, or it is loaned.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoFirst there was "Neutrality act" - United States won't sell weapons to countries involved in war, namely Great Britain.
But then British asked: "Do you want Hitler to win?"
So Americans introduced "cash and carry" - Countries involved in war if they wanted buy weapons in United States had to pay cash in full and provide their own transport to take them.
But then British had no more money and they asked again: "Do you want Hitler to win?
So Americans introduced "Lend Lease" - President can give weapons to countries at war practically for free, just with the promise to return what's left after the war.
And after Japanese attacked Pearl Harbor Americans decided they should not only help but fight as well...
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What was the policy of cash and carry?
You paid cash for what you bought and carried the merchandise out the door.
What kind of support did Roosevelt provide for Britain and the Soviet Union?
He sold war supplies to Britain, but Britain would have to pay cash for all goods it received; but after helping them with that he came up with a better plan: Roosevelt came up with the Lend-Lease Act. Which allowed the US the lend or lease goods to Britain.
Policy that allowed arms sales to allied warring nations if they paid in cash?
cash-and-carry policy
Policy that required countries at war to pay cash for all nonmilitary goods and provide transport?
cash and carry
Why did the US switch from cash and carry to lend lease act?
to please everyone
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Differential cash is the difference in cash due between selecting between different alternative options or projects.
Explain the difference between a cash and credit transaction for purchass and sales?
explain the difference between cash and credit transaction
What profit is the difference between the incoming cash and outgoing cash?
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What is the difference between pay cash and pay in cash?
Nothing.
What is the difference between wholesale and cash and carry?
Wholesalers normally deal with trade that is businesses who buy in bulk. For a example you can buy a tonne of a product from a wholesaler but you will be able to buy a carton of that same product from the cash and carry. Cash and carrys deal with the public and business. You buy in bulk but the quantity is usually less than a wholesaler. They are similar, the difference is in the amount of 'bulk' you can buy.
Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
What is the difference between Cash and cash equivalents and Cash provided by operating activities?
Difference between cash and cash equivalent is that cash equivalent is not cash like other cash but it is so liquid that it can be converted to cash immediately when required like marketable securities while cash provided from operating activities means cash generated by selling goods to customers.
What is the difference between cash payment and cash receipt?
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What is the net cash flow?
Net cash flow is the difference between income and expenditure.
Difference between cash book and ledger?
noob
What is the main difference between trade discount and cash discount?
The main difference between, cash discount is shows in account book but tradediscount does not show in account book.
