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In 2011, the World Economic Forum and global studies revealed that at least 80% of humanity lives on less than $10 a day. This stark reality highlights the economic struggles faced by billions worldwide. In contrast, the global arms industry remains robust, with the top ten arms-producing companies, mostly US-based, generating significant profits from military and non-military activities. This juxtaposition raises critical questions about resource allocation and priorities in addressing poverty versus military expenditure.
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The 10 largest arms producing companies, 2009 Companies are US-based, unless indicated otherwise. The profit figures are from all company activities, including non-military sales. Source: Stockholm International Peace Research Institute