Tennessee Valley Authority (TVA)
President Franklin Roosevelt wanted to not only provide jobs for people, but also raise the country out of the Depression through innovative programs. Roosevelt specified that he wanted “a corporation clothed with the power of government but possessed of the flexibility and initiative of a private enterprise.” In 1933, the Tennessee Valley Authority (TVA) was established with the intention of bringing modernization and organization to natural resources and energy to parts of Tennessee, Alabama, Georgia, Kentucky, Mississippi, North Carolina, and Virginia.
The TVA, which exists today, is the nation’s largest public power provider. Along with providing the area with low-cost electricity, the TVA also manages natural resources and a wide range of environmental and technical issues.
“From the New Deal to a New Century,” Tennessee Valley Authority. http://www.tva.com/abouttva/history.htm