Question Details

ECON 220 Week 5 Assignment 5-2: Too Big to Fail
Purpose
To assess your ability to compare the dynamics of economic activity in a short and long run.

L3 Traits
 
Overview
During the latest economic downturn, the U.S. Government stepped in to bail out several private companies, including banks, insurance companies, and auto manufacturers.

Action Items
1.	Research information about the U.S. Government's bailouts. Locate an article about this topic.
2.	Write a one to two page paper.
3.	In your paper, answer the following questions:
a.	What company was bailed out and why?
b.	What are the pros and cons of providing government assistance in a short and long run?
c.	What is the current position of the private comapny that was bailed out?
d.	In your opinion, was it worth it to spend public money to save a private company? Why or why not?
4.	Include a title page and a reference page. The reference page and title page are not included in your page count. Follow APA guidelines when you cite your sources and create your reference page.

Submission Instructions
•	Submit your paper to Turnitin.com at least 48 hours before the due date. Respond to any feedback you received from this system.
•	Click the Submit button to upload your completed assignment before class starts.
•	Bring a copy of your paper to class.
Grading Criteria
•	Content: All of the required elements are included in the assignment; main ideas are addressed; content is correct, accurate, and of high quality: 0 - 20 points.
•	Analysis: Analysis of the information is evident: 0 - 20 points.
•	APA Format: Follow APA guidelines when you cite your sources. Up to five points will be deducted for NOT using the correct APA format.