THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rural Electrification Administration
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Agriculture Adjustment Committee
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Rural Power Club
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Rural Adjustment Administration
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Detailed explanation-1: -The Rural Electrification Administration was created under the New Deal. It provided low-cost loans to groups of people (“cooperatives”). The people paid back the loans in their electric bills. A dramatic change accompanied this; electricity saved labor, increased production, and improved the quality of life.
Detailed explanation-2: -The law permitted the federal government to make low-cost loans to farmers for the purpose of forming rural electrical cooperatives.
Detailed explanation-3: -Morris Cooke was the first administrator of the REA, from 1935 to 1937. John Carmody followed as administrator from 1937 to 1939. In 1939, the REA was put under the U.S. Department of Agriculture and, shortly thereafter, Harry Slattery became the third administrator, serving until 1945 [8].
Detailed explanation-4: -The REA was created to bring electricity to farms. In 1936, nearly 90 percent of farms lacked electric power because the costs to get electricity to rural areas were prohibitive.