Military Spending

Definition

Military spending refers to the allocation of funds by a government for the development, maintenance, and operation of its armed forces. It includes expenses related to defense equipment, personnel salaries, training programs, and military infrastructure.

Related terms

Arms Race: An arms race is a competition between nations to acquire superior military capabilities or weapons technology.

Defense Budget: The defense budget represents the total amount of money allocated by a government specifically for national defense purposes.

Military Industrial Complex: The military-industrial complex refers to the close relationship between government officials, military leaders, and defense contractors who mutually benefit from increased military spending.