K.V asked in Arts & HumanitiesHistory · 6 years ago

What was the purpose of the Tennessee Valley Authority?

2. What was the purpose of the Adjusted Compensation Act of 1924?

A) to create the Reconstruction Finance Corporation (RFC).

B) to provide a lump-sum payment to veterans.

C) to reduce taxes and lower interest rates.

D) to lend money to state and local governments.

7. What was the purpose of the Tennessee Valley Authority?

A) to give local residents subsidies for moving to the cities.

B) to pay farmers not to grow certain crops.

C) to build a series of dams to control floods and generate electricity.

D) to help farmers plant new kinds of drought-resistant crops.

13. Congress established the Reconstruction Finance Corporation (RFC) to loan money to _____.

A)banks so they could lend money to businesses to stimulate economic activity.

B) investors so they could engage in more stock speculation.

C)European nations so they could pay off their war debts.

D)depositors so they could withdraw their savings from banks.

Sorry that there are so many questions.

Thank you very much.

1 Answer

Relevance
  • Jay
    Lv 7
    6 years ago
    Favorite Answer

    2. B

    To give bonus payments to veterans.

    7. C) to build a series of dams to control floods and generate electricity.

    13. A)banks so they could lend money to businesses to stimulate economic activity.

    • Login to reply the answers
Still have questions? Get your answers by asking now.