Some positive results of TARP are bank and automobile industries survived and industries were able to keep their loan money without repaying it.
What is TARP?
The Troubled Asset Relief Program (TARP) was a federal program that aimed at helping companies that were at risk of being closed due to the economic crisis in 2008.
How did the TARP work?
- Government invested in companies that were in trouble.
- Companies used the money to improve their status.
- In exchange, companies lost certain benefits or needed to pay some money.
What were the positive effects?
- Many companies survived and recovered especially banks and automobile companies.
- Most companies kept the money invested without paying it back.
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