Rearmarment

Question 1

What was the reason for Roosevelt’s concern about German and Japanese aggression in 1940?

Answer 1

Roosevelt was worried about German and Japanese aggression even though the US did not enter the war until the Pearl Harbour attack in December 1941.

Question 2

What happened in November 1939 that affected the US economy?

Answer 2

In November 1939, the 1935 Neutrality Act was removed, which led to a surge in orders for weapons and an increase of US investment in Germany by 40% between 1936-40.

Question 3

What was Lend-Lease introduced by Roosevelt in 1940?

Answer 3

Lend-Lease was introduced by Roosevelt in 1940 when Britain ran out of finances. The US “loaned” weapons to Britain until the war was over.

Question 4

How much money was allocated towards defence and development of the US Navy in 1940?

Answer 4

In 1940, $4 billion was allocated towards development of the US Navy and $17 billion towards defence.

Question 5

What were some economic changes that occurred during the transition year of 1940?

Answer 5

During the transition year of 1940, GNP increased from $68.3 billion to $113 billion, exports rose from $1.67 billion to $4.02 billion, and unemployment halved from 25.2% to 13.9%.

Question 6

In an essay when can you say the depression ended

Answer 6

1940 due to war