Military Spending is important because this can cause a major problem in the economy. An example of this can be that taxes on items can go up. Also, the country or the world can go bankrupt. If the world goes bankrupt, then it'd be similar to the stock market crash in America, in the year 1929.(Staff,2010) Another possibility is that the whole entire world will have to have a meeting to discuss what they could do to fix this problem.
If the world military spending increases more than it already is then a world crisis will occur. Then, if the countries do indeed keep increasing their military spending then it would cause many different and difficult problem with the many countries. The world crisis can and should be averted by spending
If the world military spending increases more than it already is then a world crisis will occur. Then, if the countries do indeed keep increasing their military spending then it would cause many different and difficult problem with the many countries. The world crisis can and should be averted by spending