Asked by
Welton Spottsville
on Oct 12, 2024Verified
High military spending has ____ economic development in less developed nations.
A) helped
B) retarded
C) had no effect upon
Economic Development
The progress in economic and social well-being including higher income, improved standards of living, and reduction of poverty.
Military Spending
Government expenditure on the military and defense sector, including salaries, hardware, operations, and maintenance.
- Examine the economic impact of elevated military expenditures in developing countries.
Verified Answer
LC
Learning Objectives
- Examine the economic impact of elevated military expenditures in developing countries.