Examlex
Using accelerated depreciation for tax reporting increases the net present value of an asset's cash flows because it produces larger net cash inflows in the early years of the asset's life.
Platt Amendment
1901 amendment to the Cuban constitution that reserved the United States’ right to intervene in Cuban affairs and forced newly independent Cuba to host American naval bases on the island.
Herbert Hoover
The 31st President of the United States, serving from 1929 to 1933, whose term was marked by the onset of the Great Depression.
America First Committee
A non-interventionist group formed in the United States prior to World War II that advocated for keeping the US out of the conflict.
Henry Ford
An American industrialist and the founder of Ford Motor Company, he revolutionized factory production with his assembly line methods.
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