Answer:
The US Treasury invested billions of dollars in companies hit hardest by the crisis.
Taxpayer money was used to help several large financial firms stay in business.
Explanation:
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis. TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks. From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
The Troubled Asset Relief Program (TARP) was instituted by the U.S. Treasury following the 2008 financial crisis.
TARP stabilized the financial system by having the government buy mortgage-backed securities and bank stocks.
From 2008 to 2010, TARP invested $426.4 billion in firms and recouped $441.7 billion in return.
TARP was controversial at the time, and its effectiveness continues to be debated.
In October 1962, American ships blocked Soviet ships carrying missiles from going into Cuba. The Soviets and Cubans agreed to take away the missiles if America promised not to attack Cuba. During the Cuban Missile Crisis, the Kennedy administration secretly agreed to remove the Jupiter missiles from Turkey in exchange for the withdrawal of all Russian nuclear weapons from Cuba. However, it is not decided if anyone "won". The USSR lost China's support over it.
China is growing exponentially as a provider of steel and other products, and it makes complete sense since the nations economy is rising at an incredible pace. The United States traditionally was a huge supplier, but over the past 12 years China has been building structures at an unprecedented rate, and steel being the huge component of large skyscrapers this is one of the biggest reasons for its growth over the decade
Answer:
A Red Scare is the promotion of a widespread fear of a potential rise of communism or anarchism by a society or state. The term is most often used to refer to two periods in the history of the United States which are referred to by this name.
Explanation:
