Solution By Steps

Step 1: Identify the Key Elements

The government used a controversial bailout program to assist:

Homeowners struggling with mortgages

Foreign banks overloaded with debt

Automakers on the verge of collapse

Construction companies losing jobs

Step 2: Analyze the Options

a. Homeowners struggling with mortgages

b. Foreign banks overloaded with debt

c. Automakers on the verge of collapse

d. Construction companies losing jobs

Step 3: Determine the Correct Answer

The government’s controversial bailout program primarily aimed to assist automakers on the verge of collapse.

Final Answer

c. Automakers on the verge of collapse

Key Concept

Bailout Program

Key Concept Explanation

A bailout program is a government intervention that provides financial assistance to prevent the collapse of key industries or institutions, such as automakers, during times of economic crisis.