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Answer:
act of developing and producing warfare weapons and ammunitions
Explanation:
Arms race is the act of developing and producing warfare weapons and ammunitions among nations and countries.
Pros:- One of the major advantages of arms race is that it helps countries to equip themselves with modern weapons which, at times, act as a deterring factor that keeps other countries from invading and threatening another country.
Arms race also contributes to the increase in the economy of a nation as many countries buy and sell modern weapons and equipment with one another.
Cons:- The major disadvantage of arms race is that procuring and developing weapons of mass destruction itself is a threat to the whole mankind.
Arms race has also led many nations to undermine and subjugate one another in the race to accumulate power.