guns or butter

Popular Terms
A classic model of the production possibility curve by using the relationship between "guns", or military spending, and "butter", or food supplies, in a nation's expenditures, in order to demonstrate that the increase of one relies on the decrease of the other.

Use 'guns or butter' in a Sentence

When World War II was in full force, the U.S. had to take a look at the balance of guns or butter in the economy and opt toward the side of more military production.
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The government constantly has to pick between guns or butter; although the American people think they want butter, they normally end up with guns.
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After the pacifist takeover, they stopped teaching 'guns or butter' models and now use a more friendly 'owwy hurt sticks and gluten free non-animal produced dairy equivalent spread' possibility curve to demonstrate market relationships.
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