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Article 11: What bigger military budgets mean for the economy - Coggle…
Article 11: What bigger military budgets mean for the economy
Ukraine's war
Military budgets increase
World
Europe
China
America = 1 of 2 biggest military spenders
LINKS
International relations
Neutrality > isolationism
Independant + neutrality (≠pawn)
Monroe Doctrine
Non-colonisation + non-intervention + non-interference
Expansionism > imperialisme
US territory ↑
Treaty + purchase
National pride
Social Darwinism
Fittest to survive in the international competition
For territory and influence
Hard power
Impose itscontrol on overseas peoples
Expanded rapidly
.>< Monroe Doctrine: USA intervene
Isolationism > internationialism
Wilson: associate en not ally => concept = emergency coalition
1920: eliminating obstacles to American trade
USA >< revive European economies
Pearl Harbor = excuse for the US intervention
New world = post-war period
Four Freedoms and proposal for the United Nations
Yalta
÷ world into 2 antagonistic spheres of influence
Cold War era
Truman Doctrine
Policy of containment
Prevent communist expansion by actively intervening
Soviets >< ban nuclear weapons => USA ↑ atomic research
Pentagon + NSC + CIA
Isolationism > internationalism => military alliances OAS + NATO
Fear of communism => McCarthyism
Organizations with weapons ↑ + developed
Mutually supportive with President Eisenhower
.++ People depend on the military industry
Dangerous + problem for democracy
Army's budgets = too much + ≠ permanent
= Military industrial complex
Today = problem too
Budget
↑ on arms => ↓ for ≠ things
Impact of ↑ in arms => detrimental to growth
Some economists believe that America => approach danger
≠ economist
Army = largest employer
Strong defence = strong economy
Fundamental element of economy
= peace + stability
=> Companies = confidence => invest