Top Stories

Loading...

Wednesday, October 29, 2008

Neo Lend Lease

The united State of America is the only nation in world which made money and still making from wars.The Country has a very Unique and vantage location that makes it more secure and different. The country surrounded by Vast deep water of Atlantc and pacific occean.That's why the state remain silent during First world war and alleged to remain in same status in second world war but unfortunatly japan disturb it with the assult on parl harber.
During second world war United state of America earn mony and build up its economy with hard working and zeal,but much amount of mony came from its method of selling arms.

The Greet depression of 1929 put an enormous blow in whole world . America badly effected, million of people lost there jobs and thousands of American banks demolished completely. Second World War came with the horrible effects for the rest of world ,especially for war engage countries but ironically bring fortunes for America. Lend Lease gave a chance to Us for get rid of the greet depression and , like wise and powerful states united state of America got advantage and prospered itself. Lend-Lease was the name of the program under which the U.S supplied the UK, the Soviet Union, China, France and other Allied nations with vast amounts of war material between 1941 and 1945 in return for, in the case of Britain, military bases in Newfoundland, Bermuda, and and the British West Indies. It began in March 1941, over 18 months after the outbreak of the war in September 1939.
A total of $50.1
billion
(equivalent to nearly $700 billion at 2007 prices) worth of supplies were shipped: $31.4 billion to Britain, $11.3 billion to the Soviet Union, $3.2 billion to France and $1.6 billion to China.

The Lend lease not only boost American economy but also made its powerful face in the world.Lend lease in WW II can be said as leagal and right of US against axis power but can we save this world with the arm trade and race or post lend lease?

jamil abbasi

0 comments: