What's the Trend?: Defense Spending (Individual)
- Due No due date
- Points 100
- Questions 4
- Time Limit None
Instructions
In the above graph, GDP (Gross Domestic Product) is a measure of the total wealth of America -- how much wealth we as a nation have. It's common to measure government spending against GDP -- it answers the question of how much of America's wealth goes to a specific economic sector or government function.
This graph shows spending on Defense as a percentage of GDP from 1950, projected through 2015. Answer the questions below about this graph.