After the Great Recession hit in late 2007, federal and state governments cut ____________.
A) tax breaks for homeowners
B) subsidies to big business
C) social programs for the poor
D) international defense spending
Answer C

Question

Quizplus · Accepted Answer

During the Great Recession, governments looked for ways to reduce spending due to decreased revenues and budget deficits. One of the areas often targeted for cuts was social programs for the poor, as these are direct expenditures that can be more easily adjusted in the short term compared to other types of spending.

After the Great Recession Hit in Late 2007, Federal and State