Tag: economic growth

The 21st-Century Relationship Among National Security, Military Spending, And Economic Growth, From The Perspective Of The United States

The 21st-Century Relationship Among National Security, Military Spending, And Economic Growth, From The Perspective Of The United States

The United States’ military budget has been increasing on an annual basis at an alarming rate, especially in the 21st century. While it is understandable that the united states has an extremely huge Gross Domestic Product (GDP) relative to the other economies of the world, still this is not reason enough to continue spending more money on our military, while other sectors of the economy such as education and healthcare, and which if not addressed have the potential to impact negatively on the American citizens (these includes for instance, healthcare and education), do not experience an equally increase in budgetary allocation.

Read More Read More