Peace dividend was 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. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending such as Britain's  Options for Change defence review. It is now used primarily in discussions relating to the guns versus butter theory.
Peace dividend was a political slogan popularized by US President George H.W. Bush and UK Prime Minister Margaret Thatcher in the light of the dissolution of the Soviet Union, that described the economic benefit of a decrease in defense spending. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending such as Britain's 1990 Options for Change defence review. It is now used primarily in discussions relating to the guns versus butter theory.
R
early 1990s, purporting to describe
light of the dissolution of the Soviet Union, that described
A
1990