Which of the following was the cause of the decrease in military spending between 1945 and 1948?
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The data and research currently presented here is a preliminary collection or relevant material. We will further develop our work on this topic in the future (to cover it in the
same detail as for example our entry on World Population Growth). If you have expertise in this area and would like to contribute, apply here to join us as a researcher. These interactive data visualizations provide an overview of military expenditure across the world, in absolute terms, per capita terms and as a share of gross domestic product (GDP). This interactive chart shows each country’s military expenditure as a percentage of its gross domestic product (GDP). Military spending is intimately linked to war. In times of peace, few countries spend more than 5% of GDP on their military, choosing instead to maintain their capabilities and make use of their armies in other ways. Absolute military expenditureThis interactive map shows annual spending on military activities by country. This is measured in constant 2019 US$, which adjusts for inflation over time. Military expenditure per capitaThis interactive chart shows annual spending on military activities, measured on a per capita basis. This is measured in constant 2019 US$, which adjusts for inflation over time. These interactive data visualizations provide an overview of military forces and personnel across the world, in total numbers, as a share of the population, and as a share of the labor force. Total military personnelThis interactive chart shows the total number of people in the armed forces by country. This includes those on active duty military personnel, as well as paramilitary forces if the training, organization, equipment, and control suggest they may be used to support or replace regular military forces. This interactive chart shows the share of the total population in a country that are in the armed forces. This includes those on active duty military personnel, as well as paramilitary forces if the training, organization, equipment, and control suggest they may be used to support or replace regular military forces. This interactive chart shows the share of the labor force in a country that are in the armed forces. This includes those on active duty military personnel, as well as paramilitary forces if the training, organization, equipment, and control suggest they may be used to support or replace regular military forces. Long-run data on defence spendingDefence spending in UK over the very long-runThe extent to which war influences military spending is demonstrated in this visualisation. The UK’s military spending as a percentage of GDP in peacetime fluctuates around 2.5%, in times of war however, military spending rises dramatically. At the height of the Second World War, the UK was spending around 53% of its GDP on its military. Such a dramatic rise is consistent with the existential danger faced by the UK during the Second World War.  Data SourcesCorrelates of War Dataset (COW)
Stockholm International Peace Research Institute (SIPRI)
International Historical Statistics (Brian Mitchell)
How did defense spending impact economics from 1945?Factories went from making civilian goods, such as passenger automobiles, to military goods, like trucks and tanks, virtually overnight. Defense spending soared, rising to as much as 40% of America's gross domestic product (GDP) by 1945.
What happened to defense spending during ww2?It spiked at 41 percent in World War II, and again at nearly 15 percent of GDP during the Korean War. Defense spending exceeded 10 percent of GDP for one year in the 19th century and 19 years in the 20th century. The last year in which defense spending hit 10 percent of GDP was 1968 at the height of the Vietnam War.
During which of the following periods did global military spending decline?Worldwide military spending, when estimated on the basis of unweighted country averages, has declined by nearly half, from 3.6 percent of GDP during the Cold War period (1970–90) to 1.9 percent of GDP in the years following the global financial crisis (2010–19) (Chart 1).
How much did the federal government spend on defense in 1945?(dollar values in billions of constant 1940 dollars). |
