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Franklin Delano Roosevelt: The Rise Of The Tennessee Valley Authority

1355 Words6 Pages

The Great Depression is one of the most devastating economic hardships of all time. With unemployment rates rising due to the stock market crash, all Americans were suffering from unimaginable conditions. Americans were desperately searching for an answer, someone to help them recover this awful time. Upon electing Franklin Delano Roosevelt for President in 1933, Americans saw hope in the fact their country may be able to recover from the Great Depression. Roosevelt quickly implemented a series of federal, social, and economic programs created to bring relief to the nation. Unfortunately, not all Americans saw the relief from these deals. Franklin Delano Roosevelt was so focused on support from the southern democrats, and as a result, feared …show more content…

This authority was regarded as a social experiment by the federal officials (Powell). The Tennessee Valley Authority was implemented due to the flooding due to the backup of the Tennessee valley dam. Over 730,000 acres of land were destroyed as a result of this and 15,654 people were forced out of their homes due to the extreme destruction (Madrigal). The Tennessee Valley Authority was designed to aid those of the Tennessee Valley in their recovery. Normal farm owners residing in the Tenessee Valley, who were harmed by the flood, received a large cash settlement for their destructed property (Powell). However, tenant farmers, who were majority African American, received no compensation (Powell). The Tennessee Valley Authority also “barred blacks from skilled positions, management, and higher-paying construction jobs (Minority Groups and the Great …show more content…

If the FHA approved the plans, it would insure the loan” (Simkin). The Federal Housing Administration ultimately made home ownership widely accessible to whites by providing them with guaranteed loans and funding in order to buy the homes (Rothstein). The Federal Housing Act specifically excluded blacks from the federal aid that ensured housing loans (Rothstein). The act also refused to provide loans to people who lived within a given radius of African Americans. The mortgage industry also had racial consequences within their industry that prevented black people, black families, and black neighborhoods from any federal housing and/or mortgage aid

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