In five pages military spending and their economic effects both positive and negative are assessed with such topics as the September 11th terrorist attacks considered. Two sources are cited in the bibliography.
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be ready to defend itself, especially considering the events of September 11. Military spending can be a boon to some businesses, which in turn is a shot in the
arm to the nations economy. On the other hand there are downsides to military as well. For instance, from whose mouths is this money being taken from?
This paper discusses both sides of the impact of military spending. MILITARY SPENDING AND THE ECONOMY Military spending can be a boon to the economy in many ways.
More businesses will thrive and even prosper in the upcoming days of more military spending, and this means a shot in the arm to the United States economy.
"We are already seeing an increase in military orders and we recently shipped our largest order ever to the U.S. Military Electronics Supply Center, said Jason DeZwirek, APIs Chairman and
CEO. "As a result of the surge in military spending, as well as increasing demand for a variety of our electronic parts, such as suppressors, we are confident that new
orders booked will continue to increase" (Comtex 2002, PG). For many businesses it is the extra business of military contracts that takes them well over and above the break-even
point. When the military is thriving it is some of the best boom times for the United States economy. This has been proven many times by how well
the United States prospers during wartime. The added contracts that are needing to be filled from the military cause businesses to do well and expand, thus giving more jobs
to more people. There are countless businesses that do work with the military. This does not mean just the electronics and engineering people. Office supplies, office