2
QuizMultiple Choice

The Obama Presidency

Question 2 • EAP-Virginia and US History B CR

The Troubled Asset Relief Program (TARP) worked to

Answer
A
help Americans who had lost their homes.
B
help small businesses get low-interest loans.
C
save factory jobs in high-unemployment areas.
D
save failing banks and the automotive industry.

Explanation

TARP was created during the 2008 financial crisis to stabilize the financial system by providing support to failing banks and other major financial institutions. It also helped prevent the collapse of the U.S. auto industry. Therefore, the best answer is “save failing banks and the automotive industry.”

AI-written and checked against the verified answer.

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