By way of comparison, Dedekind domains are characterized by an even stronger property, sometimes referred to colloquially as "$1+epsilon$''-generation of ideals. Namely:
Theorem: For an integral domain $R$, the following are equivalent:
(i) $R$ is a Dedekind domain.
(ii) For every nonzero ideal $I$ of $R$ and $0 neq a in I$, there exists $b in I$ such that $I = langle a,b rangle$.
The proof of (i) $implies$ (ii) is such a standard exercise that maybe I shouldn't ruin it by giving the proof here. That (ii) $implies$ (i) is not nearly as well known, although sufficiently faithful readers of Jacobon's Basic Algebra will know it: he gives the result as Exercise 3 in Volume II, Section 10.2 -- "Characterizations of Dedekind domains" -- and attributes it to H. Sah. (A MathSciNet search for such a person turned up nothing.) The argument is as follows: certainly the condition implies that $R$ is Noetherian, and a Noetherian domain is a Dedekind domain iff its localization at every maximal ideal is a DVR. The condition (ii) passes to ideals in the localization, and the killing blow is dealt by Nakayama's Lemma.
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