Search results
Results from the WOW.Com Content Network
The Tennessee Valley Authority is a government-owned corporation created by U.S. Code Title 16, Chapter 12A, the Tennessee Valley Authority Act of 1933.It was initially founded as an agency to provide general economic development to the region through power generation, flood control, navigation assistance, fertilizer manufacturing, and agricultural development.
Some alphabet agencies were established by Congress, such as the Tennessee Valley Authority. Others were established through Roosevelt executive orders , such as the Works Progress Administration and the Office of Censorship , or were part of larger programs such as the many that belonged to the Works Progress Administration .
He is best known for his sponsorship of the Tennessee Valley Authority in 1933 during the Great Depression. It became a major development agency in the Upper South that constructed dams for flood control and electricity generation for a wide rural area.
The Tennessee Valley Authority is a federally owned utility corporation created in 1933 during the Great Depression. At the time of its creation, its mission was to help strengthen economic development of the Tennessee River basin, a region hit with high unemployment where the per capita income was less than half the national average. [6]
The first 100 days of the Franklin D. Roosevelt presidency began on March 4, 1933, the day Franklin D. Roosevelt was inaugurated as the 32nd president of the United States.He had signaled his intention to move with unprecedented speed to address the problems facing the nation in his inaugural address, declaring: "I am prepared under my constitutional duty to recommend the measures that a ...
Even a cursory reading of the Tennessee Valley Authority Act, the 1933 federal legislation that created the nation's largest public power provider, suggests its headquarters should be in Alabama ...
Tennessee Valley Authority President and CEO Jeff Lyash talks with editors and reporters Nov. 12, 2019, during a meeting with the editorial board at The Commercial Appeal office in Downtown Memphis.
The need to create work for the unemployed during the Great Depression, the desire for rural electrification, and the desire to control the annual spring floods on the Tennessee River drove the federal government's creation of the Tennessee Valley Authority, the nation's largest public utility, in 1933. The TVA affected the lives of nearly all ...