Military budget
A military budget or military expenditure, also required as the defense budget, is the amount of financial resources committed by a state to raising and maintaining an armed forces or other methods fundamental for defense purposes.
A military budget or military expenditure, also required as the defense budget, is the amount of financial resources committed by a state to raising and maintaining an armed forces or other methods fundamental for defense purposes.
The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: