The industries that received support from the Troubled Asset Relief Program (TARP) include:
1. Banking and finance: TARP primarily aimed to stabilize the financial sector during the 2008 financial crisis by providing funds to banks and financial institutions to prevent a collapse in the banking system.
2. Automobile: As part of TARP, the automotive industry, particularly major American automakers like General Motors (GM) and Chrysler, received assistance to avoid bankruptcy and maintain operations during the economic downturn.
3. Housing: While TARP mainly focused on stabilizing the financial sector, indirectly, the housing industry benefited from the program as it helped prevent further economic turmoil that could have negatively impacted the housing market.
Industries such as airlines and retail did not receive direct support from TARP, as the program primarily targeted financial institutions and related industries during the crisis.
