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.
The 1948 United States Presidential Election is considered apart from being one of the biggest electoral upsets in American history, the start of an era of great economic prosperity and growth of the United States as a superpower in the land of politics.
After winning the election then President elect Harry S. Truman implemented and oversaw various policies in order to contain and stop the influence of communism around the world which culminated in the entry of the United States in the Korean war.
During this time period President Truman also oversaw the approval of NSC 68, a secret statement of foreign policy. Which sought to increase the defense budget and in turn increase the military prowess of the US and weaken the Soviet Union's influence as much as possible.
The results of the 1948 Presidential Elections also influenced the reform of civil rights in the US, more specifically voting rights and fair employment rights, these reforms also had a key role in ending racial segregation in the armed forces.
The Hoover quote shows that his approach to the Great Depression is one of no hope. Hoover tried to implement a couple federal works projects (like the Hoover Dam) to kick start the economy. This limited government role is thanks to Hoover's belief in laissez faire economics, which revolves around the idea that government should be involved as little as possible in the economy. With this in mind, it is easy to understand why Hoover does not give direct financial assistance to American citizens.
FDR, on the other hand, believed that the government should help in times of crisis. FDR uses this concept and develops the "New Deal." This "New Deal" is a policy in which the federal government creates several different agencies and programs to help American citizens recover from the Great Depression. This "can do"attitude reflects his determination and ties into the aforementioned quote.
Vietnam had a war that was also known as the "Second Indochina War", population 95,261,024 ( 2016 ), and <span>Their </span>culture is a complex adaptation<span> of Chinese, </span>Japanese<span>, </span><span>French </span><span>and American colonial influences.</span>
