Why Did the Government Recently Give Financial Bailouts to GM

question 135

Multiple Choice

Why did the government recently give financial bailouts to GM Canada and Chrysler Canada?

• A) because their bankruptcies would cause an enormous financial ruin for the Canadian economy
• B) because the Canadian government had previously borrowed from both companies in the past
• C) because the Canadian government owed a moral debt because of the jobs they had created in past decades
• D) because these companies had long histories of keeping production in Canada, compared to other companies who outsourced

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