Describe Three of the Ways That the U

question 18

Essay

Describe three of the ways that the U.S.federal government responded to the financial crisis of 2007-2009 and to the resulting problems in the real sector of the economy.Be sure to include in your answer the government's specific intent in each of these actions.

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Definitions:

Government Corporation

A legal entity created by a government to undertake commercial activities on its behalf.

Federal Bureaucrats

Government officials and employees working within the agencies of the federal government, often non-elected positions responsible for implementing policies.

Clean Air Act

The Clean Air Act is a comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to protect public health and the environment.

Bureau-Level Agency

A specific tier within a federal department focused on a particular area of administration or regulation.