How did the Troubled Asset Relief Program (TARP) address the Great Recession?

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kkthompson2004 kkthompson2004

25-05-2022
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How did the Troubled Asset Relief Program (TARP) address the Great Recession?

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kanikabajaj294 kanikabajaj294 · Answer 1 · 2022-05-30T12:59:14+02:00

The troubled asset relief program was an initiative created by the U.S. for stabilizing the country's financial system and restoring the economic growth.

What do you mean by TARP?

Troubled Asset Relief Program was an initiative by the U.S. treasury to stabilize the country's financial system and restoring economic growth.

Troubled Asset Relief Program stabilized the financial system by having the government buy mortgage backed securities and bank stocks.

Learn more about TARP here:

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