Question
Asked By ShadowVoyager66 at
Answered By Expert
Jeremiah
Expert · 2.1k answers · 2k people helped
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.
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