THE GREAT DEPRESSION 1929 1940
FRANKLIN D ROOSEVELTS NEW DEAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social Security
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Tennessee Valley Authority
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Public Works Authority
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none of these
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Detailed explanation-1: -We don’t get taxpayer funding; rather, our revenues come from sales of electricity. TVA also provides flood control, navigation, and land management for the Tennessee River system and assists local power companies and regional governments with their economic development efforts.
Detailed explanation-2: -This act of May 18, 1933, created the Tennessee Valley Authority to oversee the construction of dams to control flooding, improve navigation, and create cheap electric power in the Tennessee Valley basin.
Detailed explanation-3: -TVA was created in 1933, one of the “alphabet soup” projects championed by President Franklin Delano Roosevelt as a way to get a flagging country back on its feet during the Great Depression.
Detailed explanation-4: -Legacy of the TVA FDR’s ambitious plan transformed the Tennessee Valley by creating dams and reservoirs for electricity and flood control, controlling soil erosion through forest restoration and better farming techniques, and improving navigation and commerce along the Tennessee River.