The Royal Navy could receive Hellcats, American forces could use Spitfires, and Britain could field Sherman tanks without duplicating every production line. This specialization answered a finite skilled-labor problem as well as a need for foreign equipment. Britain could not simultaneously expand every factory and every armored formation, so imported tanks released people for other industrial and military duties. British radar and Merlin knowledge could flow toward the United States in return, adding expertise to the exchange of finished equipment. Removing prices and payment administration also reduced the accounting burden between fully mobilized allies. The coalition could allocate production by need and comparative capability while its members retained sovereignty.
Chapter · 9:59-13:05
Removing prices turns Allied economies into one war machine
Lend-Lease lets each ally supply what it produces best, replacing financial transactions with decisions about military need and scarce labor.