Ask Question
HistoryHistory
5 August, 07:03

The main reason the US automotive industry survived the financial crisis of 2008 was that it laid off many employees. received government loans. manufactured larger cars. broke union contracts.

+4
Answers (2)
  1. 5 August, 07:16
    0
    The correct answer is received government loans.

    The US automotive industry, like the housing market, crashed during 2008 when America experienced an economic recession. To ensure the survival of important manufacturers like Ford, GM, and Chrysler, the federal government gave enormous loans to these companies. In total, these three companies alone received close to $80 billion from the US government to continue running.
  2. 5 August, 07:18
    0
    Answer

    C. received government loans.

    Explanation:

    i took the test and got a 100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The main reason the US automotive industry survived the financial crisis of 2008 was that it laid off many employees. received government ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How did the Magna Carta pave the way for the English Bill of Rights?
Answers (1)
What country during the 19 century immigrants flocked from european countries to the western hemisphere
Answers (1)
What is the purpose of the cabinet? to sign bills into law to review whether laws are constitutional to advise the president on important issues to command the military?
Answers (2)
What was the primary reason for the formation of the north atlantic treaty orginaization
Answers (1)
How many judges agreed with brown vs board of education
Answers (1)
New Questions in History
Select the correct answer. Andrew drew this diagram to show a certain type of weather front. Which type of front is it? cold warm A. cold OB. occluded C. stationary D. warm Reset Next
Answers (1)
Why was the U. S. willing to go to war with Spain over Cuba?
Answers (1)
How old are veterans today that have served in the gulf war?
Answers (1)
Which of the following movements directly inspired the Third Estate, particularly the bourgeoisie, to seek freedom and social justice? Scientific Revolution Enlightenment Reformation American Revolution
Answers (1)
What changes did Japanese militarists make when they came to power? A. They used schools to teach students democratic values. B. They restricted freedoms and imposed traditional Japanese culture. C.
Answers (1)
Home » History » The main reason the US automotive industry survived the financial crisis of 2008 was that it laid off many employees. received government loans. manufactured larger cars. broke union contracts.
Sign Up Forgot Password?