The Affordable Care Act was signed into law in March 2010 and is commonly known as “Obamacare”.
The ACA was designed to expand health coverage for millions of uninsured Americans.
The ACA expanded Medicaid eligibility, created a health insurance market, and prohibited insurance companies from denying coverage because of pre-existing conditions.
The Affordable Care Act requires insurers to cover a list of basic health benefits.
The Americans with Disabilities Act (ADA) was passed in 1990 to prevent discrimination against people with disabilities in the workplace and in employment.
Autarky refers to a state of self-sufficiency and is commonly used to describe countries or economies that seek to reduce their dependence on international trade.
A Build-Operate-Transfer (BOT) contract is a model used to finance large projects, usually infrastructure projects, developed through a public-private partnership.
Capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector, in which labor is paid only according to wages.
The term “discount rate” can refer to either the interest rate the Federal Reserve charges banks for short-term loans or the rate used to discount future cash flows in a discounted cash flow (DCF) analysis.