How did the Cash and Carry Policy work?

The Cash and Carry Policy, implemented by the United States in 1939, allowed belligerent nations to purchase non-military goods from the U.S. as long as they paid in cash and transported the goods themselves. This policy aimed to aid Allied nations while avoiding the risks associated with loans or military involvement. It marked a shift from earlier neutrality acts, reflecting a gradual move towards supporting the Allies in World War II without direct engagement. The policy ultimately facilitated greater economic support for countries like Britain and France.