The big three manufactuers in the U.S. are currently in financial trouble. General Motors and Chrysle are filing for bankruptcy. Chrysler is being take over by Fiat. GM is giving ownership to the government in return for a $20 million bailout.

1 Why is the U.S. auto industry in financial trouble, compared to foreign competition?



2. What will be the economic consequences of a government bailout of the auto industry?



3. Should the government assist the auto industry?

4.4. Should the industry receive bailout if it is an obligopoly? What if the industry was a monopoly or monopolistically competitive? How does it affect your opinion if the industry is obligopoly..etc?

1 answer

This is an old question.

Ford, one of the big three, did not take a government buyout, and is doing well, now.

We'll be glad to comment on YOUR answers.
Similar Questions
  1. 3 points SaveWhen Patricia sells her General Motors common stock at the same time that Brian purchases the same amount of
    1. answers icon 3 answers
    1. answers icon 2 answers
    1. answers icon 0 answers
  2. Which company created the first OS?(1 point) Responses Microsoft Microsoft IBM IBM General Motors General Motors NASA
    1. answers icon 1 answer
more similar questions