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Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.
Military fiat is a process whereby a decision is made and enforced by military means without the participation of other political elements. The Latin term fiat, translated as "let it be," suggests the autocratic attitude ascribed to such a process. For example, many coups involve the imposition of a new government by military fiat. [1]
Major General Graves B. Erskine talks with John Wayne during the filming of Sands of Iwo Jima. In Hollywood, many movie and television productions are, by choice, contractually supervised by the DoD Entertainment Media Unit within the Office of the Secretary of Defense at the Pentagon, and by the public affairs offices of the military services maintained solely for the American entertainment ...
India, officially the Republic of India (ISO: Bhārat Gaṇarājya), [21] is a country in South Asia.It is the seventh-largest country by area; the most populous country from June 2023 [22] [23] and from the time of its independence in 1947, the world's most populous democracy.
A discount function is used in economic models to describe the weights placed on rewards received at different points in time. For example, if time is discrete and utility is time-separable, with the discount function having a negative first derivative and with (or () in continuous time) defined as consumption at time t, total utility from an infinite stream of consumption is given by