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Tennessee Valley Authority
The Tennessee Valley Authority (TVA) is a federally owned corporation in the United States created in 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly hard hit by the Great Depression. The TVA was envisioned not only as an electricity provider, but also as a regional economic development agency that would use federal experts and electricity to rapidly modernize the region's economy and society.
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