Impact of WW2 Flashcards
What hauled the USA out of the depression
WW2
Why did FDR use a fireside chat
To assure people that the USA would remain neutral
What did he promise young American men
If they went to fight abroad they would not be punished. US Neutrality acts said a citizen could lose their citizenship if they went to fight abroad
How were goods supplied
Cash and carry basis
What was forbidden by the US neutrality act
Providing war supplies on credit
What did war production boost
employment, industry and farming
What did Churchill mention to Roosevelt
Britain could no longer pay for war goods as Britain was fighting alone
What was the lend lease scheme
Lending the Britain supplies must be returned after the war. This act was passed in March 1941
How much was the value of lend and lease by the end of the war
$51 billion
What was the destroyer for bases deal
Allowed FDR to give Britain 50 naval destroyers in return for the use of basis in British held countries
When did USA enter the WW2
8 December 1941
Why did they enter the war
After the Japanese , German allies, bombed the US fleet at pearl Harbour in Hawaii
What happened after Pearl Harbour
Unemployment dropped as men joined the army and women stepped in to take their place in farming and industry
How much had USA produced within a year of the war
$47 billion worth of war goods
How much did industry profits rose
$17 million in 1940 to $28 million in 1943
