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Carver Industries Develops and Constructs Weapons, Body Armor, and Bomb

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Carver Industries develops and constructs weapons, body armor, and bomb detection equipment. They are a huge customer of the steel industry as well as the IT industry. Their business goes up whenever there is political talk of war and terrorism. Not only does Carver Industries benefit but so do all the companies that supply them with the raw materials. Explain the "permanent war economy" and its relation to the "power elite" in this example.

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The permanent war economy is a term that...

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