What is the importance of the lend-lease act of 1941?

Answer 1

There are two ways of looking at this. First, what was its importance to the US and second, what was its importance to the British and ultimately, to Germany.

To the British it was essential and most welcome if they were to continue to oppose the expansionist activities of the Axis on behalf of the world. The cost was gigantic and it was the US that made the commercial gain.

To the US went certain British possessions and all the gold deposits in the Commonwealth. This commercial palliative ensured the support of various anti-British factions in the US while simultaneously flagging the end of the British Empire for the future.

It would be interesting to know the final outcome of lend-lease transfers via Archangel into Russia. In effect this aid kept the pressure off the Western allies and probably had a lot more effect than the Russians were ever prepared to admit.

It took until 2006 for the British to repay their loans. 65 years.

Answer 2

The Lend Lease Act saved the UK from being overrun by the Nazi Germans and from going bankrupt or starving. The sad part of the Lend Lease act was some the cargo sent over to England was sent to the bottom of the Atlantic Ocean thanks to the U Boats sinking the merchant ships carrying the cargo.

The Lend Lease act benefited Russia when they were sent planes.

It also got the US using their shipyards again improving some of the unemployment problem.

Answer 3

It supplied the United Kingdom, China, Soviet Union, France, and other allied nations with big amount of war material between 1941 and 1945.

Answer 4

it let the united kingdom to by our war supply

Answer 5

The Act allowed the American President to lend ships, weapons, supplies to her allies - notably Great Britain, during World War II.