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Franklin Delano Roosevelt elected as the 32nd president,
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Congress passes act, which authorizes immediate grants to states for relief projects. Unemployment has reached 14 million-over one quarter of the nation's work force.
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Congress establishes the Tennessee Valley Authority (TVA) to construct dams and power plants along the Tennessee Valley; electricity will go to residents, many of whom lacked it previously, and fertilizer will be sold.
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FDR establishes by executive order the Civil Works Administration (CWA) to provide work for some four million unemployed over the winter months. It ceases operation in March 1934.
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FDR establishes the Rural Electrification Administration to help bring electricity to areas previously where it was previously unavailable.
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