3
AssignmentMultiple Select

The Obama Presidency

Question 3 • EAP-Virginia and US History B CR

What were some positive results of TARP?Check all of the boxes that apply.

Answer
A
The finance industry was allowed to fail.
B
Banks and automobile industries survived.
C
Industries were able to keep their loan money without repaying it.
D
Lending was able to increase.

Explanation

TARP provided emergency support to financial institutions and automakers, helping banks and the automobile industry survive the crisis. It also helped stabilize the financial system so lending could increase. The finance industry was not simply allowed to fail, and TARP funds were not free money that industries could keep without repayment.

AI-written and checked against the verified answer.

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