USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following best describes why many businesses opposed the creation of the TVA?
A
Many businesses believed that the TVA unfairly competed with private power companies.
B
Many businesses believed that the TVA charged too much for the electricity it sold.
C
Many businesses believed that the TVA did not treat its electric customers equally
D
Many businesses believed that the TVA generated electricity with obsolete methods and equipment
Explanation: 

Detailed explanation-1: -The TVA aimed to help reduce these problems by teaching better farming methods, replanting trees, and building dams. This agency was also important because it generated and sold surplus electricity, created jobs, and conserved water power.

Detailed explanation-2: -Which statement best explains a major cause of the Great Depression in the United States? Factories and farms produced more products than Americans could afford to buy.

Detailed explanation-3: -It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

Detailed explanation-4: -Contributing Factors. Due to low crop prices and high machinery costs, more submarginal lands were put into production. Farmers also started to abandon soil conservation practices. These events laid the groundwork for the severe soil erosion that would cause the Dust Bowl.

There is 1 question to complete.