PEACEDIVIDEND

Peace dividend

Peace dividend is a political slogan popularized by US President George H.W. Bush and UK Prime Minister Margaret Thatcher in the early 1990s, purporting to describe the economic benefit of a decrease in defense spending. It is used primarily in discussions relating to the guns versus butter theory. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending.

The above text is a snippet from Wikipedia: Peace dividend
and as such is available under the Creative Commons Attribution/Share-Alike License.

peace dividend

Noun

  1. an economic benefit gained from a reduction in defence spending, especially a fund of public money that would be available for other purposes


The above text is a snippet from Wiktionary: peace dividend
and as such is available under the Creative Commons Attribution/Share-Alike License.

Need help with a clue?
Try your search in the crossword dictionary!