How did President Obama's use of the Troubled Asset Relief Program (TARP) help the U.S. economy recover from the Great Recession?
Question:
How did President Obama's use of the Troubled Asset Relief Program (TARP) help the U.S. economy recover from the Great Recession?
Choices:
- It committed billions of dollars of federal tax money to provide financial relief to small businesses.
- It prevented people from losing their homes by providing assistance so they could pay their mortgages.
- It committed billions of dollars of federal tax money to provide financial relief to individuals and create jobs.
- It prevented the complete collapse of the auto and banking industries by providing controversial bailouts.
Answer:
It prevented the complete collapse of the auto and banking industries by providing controversial bailouts.