What steps did Obama take in response to the Great Recession? Select two correct answers.

A.

exempted citizens who lost homes from tax payments

B.

extended health care coverage to more people

C.

imposed tougher taxes on wealthy corporations

D.

invested in energy and other industries to spur job creation

E.

shut down companies that couldn't repay loans

Question

Jaelyn Terry

History

24 September, 03:53

What steps did Obama take in response to the Great Recession? Select two correct answers.

A.

exempted citizens who lost homes from tax payments

B.

extended health care coverage to more people

C.

imposed tougher taxes on wealthy corporations

D.

invested in energy and other industries to spur job creation

E.

shut down companies that couldn't repay loans

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Answers (1)

Know the Answer?

Nadia · Answer 1

The step Obama take in response to the Great Recession were:

C. imposed tougher taxes on wealthy corporations

B. extended health care coverage to more people

Explanation:

First of all, Former president Obama inherited the great recession by former president George W. Bush. His plan consisted of increasing the taxes to wealthy individuals and providing a subsidy for individuals who didn't have health insurance so they could have it. the program was called Obamacare and it allowed a very good increase leaving only 20 million people without health insurance, a historic number. He fought the inequality gap with Obamacare.