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Question of the day
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Question of the Day (25-Jul-20)

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Since the end of the Cold War in 1989, the world has become a more peaceful place, as “more wars have ceased than have started”, the Global Peace Index observes. Promoting peace may boost economic growth. Between 2000 and 2007, the number of conflicts fell from 40 to 30. “One of the biggest beneficiaries of this has been business”. Living without the threat of conflicts and instability gives rise to an environment in which productive employment - which can only arise if there is peace - leads to wealth creation. “People become motivated by the improved standard of their lives, rather than seeking retribution for past wrongs.” it says. Conversely, when economic development contracts, violence increases, thus harming the business environment. Military might delivers geopolitical supremacy, but peace delivers economic prosperity and stability. And that, the report insists, is what is good for business.

Which of the following most strongly strengthens the argument above?
OPTIONS
 
 1)Between 2000 and 2007 global GDP, or economic output, rose from $32tn to $55tn.
 2)Currently global expenditure on military personnel is 40% of global defence spending.
 3)In 2007 alone, global defence spending rose 8.4% to $1,140.5bn, and is predicted to increase by 34% to $1,527.6bn by 2012.
 4)Defence spending has a tendency to rise during times of economic hardship.
 5)Many governments increase their defence spending in order to provide a fiscal stimulus to get the economy’s wheels turning even faster.

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