Expanding and regulating utilities (jan 1, 1945 – jan 1, 1949)
Description:
The Second New Deal also includ-ed laws to promote rural electrification and to regulate public utilities. In 1935, only 12.6 percent of American farms had electricity. Roosevelt established under executive order the Rural Electrification Administration (REA), which financed and worked with electrical cooperatives to bring electricity to isolated areas. By 1945,
48 percent of America’s farms and rural homes had electricity.
Added to timeline:
Date:
jan 1, 1945
jan 1, 1949
~ 4 years