Question

How to get out of recession?

Answer 1

Answer:

Congress passed TARP to allow the U.S. Treasury to enact a massive bailout program for troubled banks. The aim was to prevent both a national and global economic crisis. Unemployment reached 10% in 2009. ARRA and the Economic Stimulus Plan were passed in 2009 to end the recession.

Explanation:

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Answer 2

A recession occurs when there are two or more consecutive quarters of negative economic growth, meaning GDP growth contracts during a recession. When an economy is facing recession, business sales and revenues decrease, which cause businesses to stop expanding.

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