Militarism always intensified the probability of war which also decreases the amount of money to the nation and this led to financial crisis. In this way militarism can be traced back in 1500s.
Explanation:
Militarism refers to the imposition of strong rule and discipline over countries. It also expands the way of probability of war. If such war happens it leads to financial crisis. War involves high expenditure for weapon, arranging battle field, troops, army, air force and arrangements of naval force.
Militarism was also responsible for causing world war I which involves number of European countries and caused huge loss of lives and property. After that Germany and some other powerful countries compelled to compensate Britain, France for their loss.
