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Military Spending (jan 1, 1953 – jan 1, 1961)

Description:

Military Spending - 1953
There was a major increase in military spending as a result of the Korean War. The belief of “collective security” spread to SEATO. Also, the “military-industrial complex” was issued by Eisenhower in 1961.

Added to timeline:

12 Feb 2020
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Date:

jan 1, 1953
jan 1, 1961
~ 8 years