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.
Truman served as president for two terms from 1945 to 1953, when he and his wife Bess happily retired to Independence, Missouri, where he referred to himself jokingly as âMr. Citizen.â He was hospitalized on December 4, 1972, with lung congestion, heart irregularity, kidney blockages and failure of the digestive system. He died on December 26. A very subdued and private funeral, fitting for the down-to-earth Truman, was held in Independence according to his and his familyâs wishes.