Security & IntelligenceAnswer Key

What Were Some Positive Results Of Tarp

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QUESTION 1

Which domestic situation did Obama inherit when he took over the US presidency?

ANSWER

economic recession

QUESTION 2

Which foreign policy situation did Obama inherit when he took over the US presidency?

ANSWER

war in Iraq

QUESTION 3

What were some positive results of TARP?

ANSWER

Banks and automobile industries survived. Lending was able to increase.

QUESTION 4

Why did many Americans criticize TARP?

ANSWER

They believed TARP was helping businesses that deserved to fail. They felt that TARP was only helping businesses that caused the crisis. They believed that the economy was still in crisis.

QUESTION 5

Describe 3 target areas of ARRA.

ANSWER

state governments road and bridge repair middle-class tax cuts

QUESTION 6

How did the Obama administration respond to the environmental disaster created by the Deepwater Horizon oil spill?

ANSWER

Gulf Coast Ecosystem Restoration Task Force

QUESTION 7

provisions of President Obama's healthcare act

ANSWER

requiring mandatory health insurance for all Americans starting tax credits for small businesses that insure employees requiring protection for Americans with preexisting medical conditions

QUESTION 8

In which Arab nation did the United States become militarily involved with a revolution?

ANSWER

Libya

QUESTION 9

Why did Obama think the war in Afghanistan was important?

ANSWER

to fight terrorism

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