With the gun control debate raging in the United States, now is a fine time to take a closer look at the gun business.
After several tragedies over the last few years in the U.S., some are calling on the federal government to take action. However, the right to bear arms is a deeply engrained value in America, which is cause for some resistance to tougher gun laws. When you look at the gun business, some staggering numbers jump out.
For instance, civilians in the United States own approximately 250 million guns. This number far exceeds any other country on the planet. This means there are enough privately held guns to arm 90% of the American population. And almost half (45%) of households in the U.S. have a gun.