Explore how the guns-and-butter curve illustrates opportunity cost and economic trade-offs between military and domestic spending, with key historical examples.

American companies employed more than 33 million workers in 2009 at general manufacturing firms that produced approximately $4 billion in products, according to the U.S. Census Bureau. Manufacturing ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Vikki Velasquez is a researcher and writer ...