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.
Answer:
Some were angered because other nations took over their colonies.
Explanation:
Growing resentment between several European countries with the rise of Imperialism brought the rush to invasion, conquest and annexation of African territory. Many European nations captured other territories in Africa. The Berlin Conference in 1885 helped the European powers in the colonization of Africa. The motive behind colonialism in Africa was the acquisition of resources. These include people, labour, minerals, and land. Europeans establish their colonies in the wilderness to get natural resource and rich minerals to prosper their nations.
One item can be the weapons. Many Europeans gave the natives a bunch of weapons because they had plenty. They even gave them faulty weapons or broken ones because the natives didn't know any better.
Explanation:
The Industrial Revolution marked a period of development in the latter half of the 18th century that transformed largely rural, agrarian societies in Europe and America into industrialized, urban ones.
Goods that had once been painstakingly crafted by hand started to be produced in mass quantities by machines in factories, thanks to the introduction of new machines and techniques in textiles, iron making and other industries.
Fueled by the game-changing use of steam power, the Industrial Revolution began in Britain and spread to the rest of the world, including the United States, by the 1830s and ‘40s. Modern historians often refer to this period as the First Industrial Revolution, to set it apart from a second period of industrialization that took place from the late 19th to early 20th centuries and saw rapid advances in the steel, electric and automobile industries.