The Primary Purpose of the Troubled Assets Relief Program (TARP)was

question 11

Multiple Choice

The primary purpose of the Troubled Assets Relief Program (TARP) was to __________.

• A) bail out the auto industry
• B) bail out the banking sector
• C) reduce the annual budget deficit
• D) respond to rising unemployment

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Definitions:

TEAM Act

A proposed or existing legislative act focused on Teamwork for Employee Advancement and Management, potentially involving policies that influence employee-employer relations and collaborative work environments.

Employee Involvement Programs

Refers to organizational strategies designed to engage workers more directly in decision-making processes and operations, aiming to improve job satisfaction and overall company performance.

Co-Opting Strategy

A method used by companies or governments to absorb or assimilate new elements into the organization's structure to minimize opposition or dissent.

Competitive Pressures

The forces that compel businesses to continuously improve their products, services, and operational efficiency in order to remain viable in the market.