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Tag Archive 'research on military spending'

Research Paper on Military Spending

Even if they have never seen a weapon, millions of children seriously suffer from wars, as resources that could have been invested in development are diverted in armament. Armament spending has both positive and negative impacts on countries.

On the plus side, military spending can be a boon to some businesses, which in turn is a shot in the arm to the nation’s economy as I’ll explain later in the essay. On the other hand, there are malicious effects on economy as well.

It is true that a large military spending will contribute to economic growth in a short term. Militarization will bring more job opportunities to citizens directly in both military and military-related fields. Meanwhile, the important part is that there is another high amount of secondary jobs has been given. …

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