Though He Was Decidedly Unpopular When He Left the Presidency

question 52

Essay

Though he was decidedly unpopular when he left the presidency, President Truman has since come to be viewed as one of America's 10 greatest presidents. Explain why his popularity was so low in 1952 and why he is so well-rated in retrospect. What is your evaluation of President Truman as president? Defend you view with specific examples illustrating Truman's performance.

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Definitions:

Collateral

An asset or property that a borrower offers to a lender as security for a loan, which the lender can seize if the borrower fails to make required payments.

Installment Loan

A loan that is repaid over time with a set number of scheduled payments.

Stated Annual Rate

The interest rate of a financial product, such as a loan or savings account, as advertised before the effects of compounding and fees.

Cost

The value or price paid to acquire, produce, or maintain a good or service.