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Angelina_Jolie [31]
3 years ago
14

Economics: What are the potential tradeoffs and opportunity costs in a country if you choose to spend more on guns than on butte

r?
Social Studies
1 answer:
lisov135 [29]3 years ago
5 0

Answer:

The meaning of guns and butter is an economic policy choice of whether a nation is increasingly keen on burning through cash on war or taking care of its people.

trade-off: If you put more cash toward weapons then you are surrendering another advantage which is a trade-off.  

opportunity costs: As an economy delivers more weapons (military spending) it must diminish its creation of bread and butter (food), and the other way around.

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