Numerous things to be taken from this data. 1) World Wars 1 and 2 are in this data. 2) See 1). 3) Pandemics…
Numerous things to be taken from this data.
1) World Wars 1 and 2 are in this data.
2) See 1).
3) Pandemics are far more lethal than wars.
4) Governments spent 100-120% of GDP to fight WW1 and WW2.
5) Government spent about 35% of GDP to fight this pandemic.
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