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What was perceived as being equivalent to declaring economic war against the axis power?
Wiki User
∙ 6y ago
the Lend-Lease Act
Wiki User
∙ 11y ago
Wiki User
∙ 6y agothe Lend-Lease Act
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What was the perceived as being equivalent the declaring economic war against the Axis Powers?
the Lend-Lease Act
Was perceived as being equivalent to declaring economic war against the Axis Powers?
the Lend-Lease Act
What was perceived as being equivalent to declaring economic was against the axis powers?
In March 1941, Congress approved the Lend-Lease Act. It authorized Roosevelt to "sell, transfer title to, exchange, lease, lend, or otherwise dispose of, to any such government any defense article" whenever Roosevelt thought it was "necessary in the interests of the defense of the United States." By 1945, the United States had sent more than $40 billion of Lend-Lease aid to the Allies, including the Soviet Union. The Lend-Lease Act was nothing less than an economic declaration of war against Germany and the Axis Powers.
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