What policy allowed the limited sale of arms to Great Britain and France while still backing off from isolationism?

The policy that allowed the limited sale of arms to Great Britain and France while still backing off from isolationism is known as "cash and carry." Implemented in 1939, this policy was part of the Neutrality Act amendments designed to support Allied nations during the early stages of World War II without fully abandoning the United States' long-standing isolationist stance. Under the cash and carry system, warring nations could purchase arms from the U.S. only if they paid in cash and were responsible for transporting the goods themselves. This ensured that the U.S. did not send its ships into the conflict zones, thereby reducing the risk of entanglement in foreign wars, while still enabling some engagement by aiding the Allies.

The other options reflect different approaches or policies regarding U.S. involvement in international conflict, but cash and carry specifically encapsulated a compromise between isolationism and support for allies. The Neutrality Act primarily focused on preventing U.S. involvement in wars, while the Lend-Lease program greatly expanded assistance to allies beyond cash transactions. The arms embargo, on the other hand, involved restricting arms sales altogether, contrary to what the cash and carry policy allowed.