A benefit-cost analysis is a systematic evaluation of the economic advantages (benefits) and disadvantages (costs) of a set of investment alternatives. Typically, a âBase Caseâ is compared to one or more Alternatives (which have some significant improvement compared to the Base Case).
Harry S. Truman (May 8, 1884 â December 26, 1972) was the 33rd President of the United States (1945â53).As the final running mate of President Franklin D. Roosevelt in 1944, Truman succeeded to the presidency on April 12, 1945, when Roosevelt died after months of declining health.ruman was born in Missouri and spent most of his youth on his family's farm. In the last five months of World War I, he served in combat in France as an artillery officer in his National Guard unit.
On January 20, 1945, he took the vice-presidential oath, and after President Roosevelt's unexpected death only eighty-two days later on April 12, 1945, he was sworn in as the nations' thirty-third President. Truman later called his first year as President a year of decisions.. He oversaw during his first two months in office the ending of the war in Europe. He participated in a conference at Potsdam, Germany, governing defeated Germany, and to lay some groundwork for the final stage of the war against Japan.