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Instructions: Please write a thorough, well-organized essay to answer each question. What role did the new imperialism play in the development of a global economy and a global society?
Semi-Annually
A frequency of twice a year, often used in the context of payment or performance evaluation periods.
Tax Shield
The reduction in income taxes that results from taking an allowable deduction from taxable income, such as mortgage interest, depreciation, or charitable donations.
All Equity
A financial structure where a company is financed entirely through equity without any debt financing.
Leverage
The use of various financial instruments or borrowed capital to increase the potential return of an investment.
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