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In Social Studies / High School | 2025-07-03

The government used a controversial bailout program to help
A. homeowners struggling with mortgages.
B. foreign banks overloaded with debt.
C. automakers on the verge of collapse.
D. construction companies losing jobs.

Asked by loveisfakenow48

Answer (2)

The bailout program was designed to aid various sectors in distress, including homeowners, banks, automakers, and construction companies during economic crises. Each group faced unique challenges that necessitated government intervention. Programs aimed to stabilize the economy and prevent further job losses in these sectors. ;

Answered by GinnyAnswer | 2025-07-03

The government bailout program primarily aimed to assist automakers on the verge of collapse during the 2008 financial crisis through financial initiatives like TARP. This program was controversial as it involved using taxpayer funds to help struggling industries, raising debates on government intervention. Overall, it sought to stabilize the economy and prevent further job losses.
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Answered by Anonymous | 2025-07-04

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