The CARES Act was signed into law on March 27, 2020. What type of policy is it? What is the goal of the policy? Explain in detail.

Answers

Answer 1

Answer: Financial protection of citizens in the period of the global pandemic.

Explanation:

The coronavirus has completely changed the lives of people around the world. The global pandemic has dealt the greatest blow to many world countries' economies, including the United States. The Cares Act was formed to provide direct assistance to Americans, ensure the survival of smaller businesses and jobs, and generally positively impact the economy. The law was proposed by the administration of the still current President of the United States, Donald Trump. The law was supported by a large majority of both Democrats and Republicans in Congress.


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