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The economics of defense or defense economics is a subfield of economics, an application of the economic theory to the issues of military defense. [1] It is a relatively new field. An early specialized work in the field is the RAND Corporation report The Economics of Defense in the Nuclear Age by Charles J. Hitch and Roland McKean ( [2] 1960 ...
Military branch. A United States Armed Forces Joint-Service Color Guard. This color guard consists of personnel from 5 of the 6 military branches of the United States Armed Forces ( Army, Marines, Air Force, Navy, and Coast Guard ). Military branch (also service branch or armed service) is according to common standard a subdivision of the ...
A system in which a native group (or their lands and resources) is subjugated by an external political power for their own economic and/or political benefit. Communism A socialist system in which the means of production are commonly owned (either by the people directly, through the commune, or by a communist state or society ), and production ...
Military organization ( AE) or military organisation ( BE) is the structuring of the armed forces of a state so as to offer such military capability as a national defense policy may require. Formal military organization tends to use hierarchical forms (see Modern hierarchy for terminology and approximate troop strength per hierarchical unit).
Political economy is a branch of political science and economics studying economic systems (e.g. markets and national economies) and their governance by political systems (e.g. law, institutions, and government).
The following outline is provided as an overview of and topical guide to war: War – organised and often prolonged armed conflict that is carried out by states or non-state actors – is characterised by extreme violence, social disruption, and economic destruction. [1] [2] War should be understood as an actual, intentional and widespread ...
War finance is a branch of defense economics. The power of a military depends on its economic base and without this financial support, soldiers will not be paid, weapons and equipment cannot be manufactured and food cannot be bought. Hence, victory in war involves not only success on the battlefield but also the economic power and economic ...
A military government is any government that is administered by a military, whether or not this government is legal under the laws of the jurisdiction at issue or by an occupying power. It is usually administered by military personnel . Types of military government include: Military occupation of acquired foreign territory and the ...