A policy of military spending,used as a counter-cyclical tool for a slumping economy,is known as

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Military Keynesianism is the policy of using military spending as a way to stimulate an economy in a downturn or recession. This policy is based on the economic theories of John Maynard Keynes, who argued that government intervention in the economy, such as government spending, could help to boost economic growth and employment during times of economic downturn.

A Policy of Military Spending,used as a Counter-Cyclical Tool for a Slumping