JY CHEN - Ask Anything, Learn Everything. Logo

In History / High School | 2025-07-08

Why did many Americans criticize the Troubled Asset Relief Program?

A. It did not provide aid to the automotive industry.
B. It helped those who had caused the economic crisis.
C. It caused several financial institutions to fail.
D. It did not help anyone except home owners.

Asked by monicaroyal29

Answer (1)

Many Americans criticized the Troubled Asset Relief Program (TARP) primarily because it seemed to help those responsible for the economic crisis, rather than ordinary citizens. There was a strong perception that the funds were mismanaged and that the needs of the average homeowner were overlooked. This criticism stemmed from a belief that TARP prioritized corporate bailouts over the welfare of the general population. ;

Answered by GinnyAnswer | 2025-07-08

Related Questions in History

[Free] What did the Puntans form to establish their own New World colony? A. the Mayflower Compact B. the Virginia Company C. the Massachusetts Bay Company D. the Jamestown settlement

[Free] For each item listed, identify whether it was a provision of the Land Ordinance of 1785 or the Northwest Ordinance of 1787. Banned slavery Reserved a section of land for public schools Divided land into townships

[Free] Heavily recruited from members of the construction trades, this unit of the military helped build installations at home and abroad during World War II. What was it called? A. Builders' Brigades B. Seabees C. Construction Cadres D. Military Masons

[Free] What was true of the first settled communities in Ancient America? A. They developed egalitarian social relations B. They practiced slash and burn agriculture C. It led to increasing pastoralism D. It led to increasing urbanization

[Free] Did the Progressive Era changes, like breaking up big companies, giving women the right to vote, and making new government rules, really fix the problems caused by big cities and factories? Why or why not?