House building and warship construction show why equal government outlays can have different later effects. A shipyard can reuse its facilities and skilled workforce for successive orders, sustaining an industrial base beyond the first contract. Marine engineering also feeds knowledge into power generation, plumbing, electronics, mechanics, and other technical sectors. Redirecting treaty savings would therefore change the type and reach of the economic activity that public spending supported.
Notable Point · 29:28-31:43
Why naval construction has wider industrial effects
The case for naval limitation included immediate savings, but stopping warship construction also removed recurring yard work and technical spillovers across the wider economy.