What action did the US government take following the financial crisis of 2008?
A) renegotiated global trade agreements
B) raised taxes and financial fees
C) raised interest rates to control inflation
D) bailed out banks and financial institutions

Question

Quizplus · Accepted Answer

Following the financial crisis of 2008, the US government implemented a series of measures to prevent further economic collapse. One of the primary actions taken was the bailing out of banks and financial institutions that were deemed "too big to fail". This involved the injection of government funds to stabilize these institutions and prevent their collapse, which otherwise could have caused a domino effect in the financial system.

What Action Did the US Government Take Following the Financial