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It is a bad thing because it leads an already staggering expentiture level (over $ 1.7 trillion worldwide in 2012 alone, $ 711 billion by the US) to rise even more steeply.
Apart from the financial waste, an arms race - or a case where one country starts outspending its neighbours or tries to outgun them by developing atomic bombs - can easily fuel political tensions as presently shown in the case of China, Iran and Korea.
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What ended the arms race?
The Arms Race ended with the end of the cold war and the breakup of the USSR. The nuclear arms race came about during the Cold War.
What did the soviets want from Nixon when he took office in 1969?
an agreement to slow the arms race.
What was a result of the Strategic Arms Limitation Treaty?
The treaty slowed the arms race between the USSR and the US.
Did president reagans foreign policys end the cold war in 1991?
Nooo,the downfall of The Soviet Union or USSR did. They spent too much money on trying to keep up with the Americans in the Arms race and Space race.
What was the reason for superpowers to engage in an arms race with a strategy of mutually assured destruction?
Both countries felt that they were safe from attack if they were powerful enough to destroy the other.
