In order to increase commerce, remove obstacles, and lower taxes on imports and exports between Canada, the United States, and Mexico, NAFTA came into effect in 1994.
NAFTA: Did it boost the economy?Increased commerce, economic output, foreign investment, and lower consumer costs were some benefits of NAFTA. When domestic firms moved to Mexico, where wages are cheaper, American jobs were lost, and wages in American manufacturing facilities were also lowered.
What impact has NAFTA had on the economy?Simply put, NAFTA reduced or eliminated import and export duties between the three participating countries, resulting in the creation of a sizable free-trade zone (the U.S, Mexico, and Canada). Overall, commerce between the three nations increased, and real per-capita GDP also improved marginally.
To know more about NAFTA improve visit:-
https://brainly.com/question/12027606
#SPJ4
Explain how operations management activities affect the customer experiences described in the anecdote at the beginning of chapter 1. What "moments of truth" would a customer at Disney World encounter? Think about the total experience including lodging, food service, shopping, and transportation, as well as theme park attractions and operations.
Operations management activities at Disney World have a significant impact on the customer experience.
Customers are surrounded by well planned and carried out operations from the time they reserve their trip until they check in at the resort. An enjoyable experience should be established via a smooth and quick booking procedure and hotel check-in. Customers anticipate being able to quickly navigate the park's grounds, locate food and restrooms, and access attractions and entertainment with little wait time once they arrive. The standard of the food, hotel, and other amenities can also have a significant impact on how customers feel. Additionally, Disney World's general ambiance and attention to detail, including the facilities' cleanliness and personnel friendliness, contributes to visitors' enjoyment of their stay. All of these "moments of truth" have the power to either improve or worsen the visitor's Disney World experience.
Read more about operations management activities here:
https://brainly.com/question/14555470
#SPJ4
In which situation would Accenture apply principles of responsible Artificial Intelligence AI TQ?
They apply the principle of responsible artificial Intelligence (AI) when they want to improve accuracy and decision-making in work.
In evaluation to the intelligence exhibited with the aid of using animals and humans, synthetic intelligence (AI) refers back to the perception, synthesis, and inference of records accomplished with the aid of using computers. Speech recognition, pc vision, language translation, and different enter mappings are some examples of responsibilities in which that is done.
The several subfields of AI take a look at are targeted on unique targets and the usage of positive techniques. Reasoning, expertise representation, planning, learning, herbal language processing, sensing, and the ability to transport and control items are a number of the conventional targets of AI research.
To know more about Artificial intelligence here-
https://brainly.com/question/29791175
#SPJ4
Usually managers determine by choosing from a growth strategy, stability strategy, or defensive strategy. Multiple Choice
O how the organization's mission will be achieved
O the organization's core values
O whether their customers have few or broad needs
O when the organization's functional-level strategy will be enacted
Usually managers determine by choosing from a growth strategy, stability strategy, or defensive strategy. So that how the organization's mission will be achieved. Thus option (A) is correct.
What is an organization?An organization refers to a collection of people, who are involved and work together in pursuing or achieving a defined objectives.
It is a type of social system which comprises human relationships in a forma manner. In organization there is division of work among employees and the tasks are given so that the ultimate goal of the company or an organization can be achieved.
An organization has a proper hierarchy of people and follow a proper formal structure to achieve the goals of the organization.
Learn more about organization here:
https://brainly.com/question/14751622
#SPJ4
A plumbing repair cmpany has 3 employees and must choose which of 3 jobs to assign each to (each employee is a exactly one job anc each job must have someone assigned). Each employee can perform each job, but the cost to perform job can vary. The fo owing table shows the cost for each employee to perform each job. Employee A Job 1 Job 2 Job 3 Employee B 45 38 51 Employee c 49 35 45 43 47 Solve this assignment problem in Excel to find the lowest cost solution and answer the following questions: a. Which employee is assigned to job 1? (Click to select) b. Which employee is assigned to job 2? (Click to select) c. Which employee is assigned to job 3? (Click to select) d. What is the minimum cost to complete all three jobs? Minimum cost Next) < Prev 1 of 5
a. The Employee B is assigned to job 1.
b. The Employee C is assigned to job 2.
c. The Employee A is assigned to job 3.
d. The minimum cost to complete all three jobs will be 30.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
The cost can be a fixed cost like the lease of a building which will not vary every month or can be a variable cost like the telephone cost which can vary every month.
Learn more about the cost here:
https://brainly.com/question/20534030
#SPJ4
in conducting aggregate operations planning, there are a number of required inputs. which of the following inputs are considered external to the firm? question 24 options: market demand and inventory levels subcontractor capacity and current workforce competitor behavior and economic conditions economic conditions and current physical capacity
The input that is thought of as being external to the company is competitor conduct and economic conditions.
Why is it vital to define the market?An analytical foundation for competition is provided by market definition. When assessing the possibility of new entrance, it is vital to identify the sector that may be entered, for instance, as market shares cannot be determined until the marketplace has been established.
Why do we need a market definition?By doing this, you may improve your understanding of your clients, which is crucial for expanding your company. Your chances of increasing sales can be increased by locating and focusing on their target market groups to help you develop and roll out successful promotions.
To know more about Market visit:
https://brainly.com/question/17284274
#SPJ4
What are the 3 tools of financial analysis?
The income statement, balance sheet, and statement of cash flows are financial statements that must be provided. Traders can use these three statements as useful tools to assess a company's financial health.
Which three fundamental tools are used in financial analysis?Vertical analysis, horizontal analysis, and ratios analysis are the three main instruments for financial statement studies.
Which financial instrument is the most crucial?The income statement is probably the most important financial statement for the majority of consumers since it demonstrates a company's potential for profitability.
To know more about Financial statements visit:-
https://brainly.com/question/14951563
#SPJ4
grey co. purchased stock in cherry co. later, grey purchased a put option on the stock. the strike price is the current market price. what is the most likely reason grey purchased the put option?
The price at which the underlying stock (or other asset) can be purchased or sold in an options transaction is known as the striking price.
What is current price and strike price?The price at which the underlying stock (or other asset) can be purchased or sold in an options transaction is known as the striking price. This price determines the price at which the underlying stock can be bought for call options and sold for put options.
The striking price is the predetermined or fixed price at which the security is exchanged in the future, as was previously explained. While the parties agree on a certain strike price, the spot price, which is the current market price, is used as the reference price.
When a call option's strike price is less than the spot price, or the asset's current market value, the option is in the money since the owner might exercise it by purchasing the underlying asset for less money.
Therefore, the answer is Cherry stock has increased in price, but Grey is concerned that the price might decrease.
To learn more about strike price refer to:
https://brainly.com/question/15571230
#SPJ4
What is the best way to save money and gain interest?
The best places to save money and earn interest are in interest-bearing checking accounts, CD ladders, and high-yield internet savings accounts.
- An online savings account with a high interest that yields 2% or more. Online banks more than make up for their lack of physical locations with excellent savings rates. The two are actually connected: Digital suppliers can afford to pay higher rates because they don't have to maintain thousands of physical facilities.
- A checking account that pays interest at a rate of 1% or higher. Some checking accounts offer high interest rates of 1% or more, but you may need to pass a few requirements to be eligible. You may do things like set up direct deposit and make about 10 debit card purchases each month. However, if you are able to do so, you can help more of your money—not just the savings—earn a high rate.
- High interest rates are frequently paid on certificates of deposit, but typically you can't withdraw your money for a specific amount of time, like one year or even five years. With a "CD ladder," you divide the amount you're saving up among a number of certificates with various terms. Multiple maturity dates will result from doing this.
To know more about interest , kindly click on the link below :
https://brainly.com/question/29480777?referrer=searchResults
#SPJ4
Which account type is best for savings?
There are several types of accounts that can be used for savings, and the best choice for you will depend on your financial goals and risk tolerance.
Here are a few options to consider:
Savings accounts: Savings accounts are a safe and relatively low-risk option for earning interest. These accounts are offered by banks and credit unions, and typically offer a relatively low-interest rate, but also offer the security of FDIC or NCUA insurance.Certificates of deposit (CDs): CDs are a type of deposit account that generally offer a higher interest rate than savings accounts, but also require you to commit to leaving your money on deposit for a set period of time, such as six months or a year.Money market accounts: Money market accounts are similar to savings accounts but may offer a slightly higher interest rate in exchange for a higher minimum balance requirement.Online high-yield savings accounts: Online high-yield savings accounts are offered by some online banks and can offer higher interest rates than traditional savings accounts. These accounts are FDIC-insured and generally have a low minimum balance requirement, but may not offer the same level of access to your funds as a traditional savings account.It's important to carefully consider the terms and conditions of any account you are considering, as well as the potential risks and rewards. It may also be helpful to shop around and compare rates from different financial institutions to find the best option for your needs.
Learn more about the savings account at
https://brainly.com/question/7044701?referrer=searchResults
#SPJ4
Does Amazon deliver packages past 10pm?
The concept mentioned here is Amazon delivery, which is the process of delivering the goods of Amazon to its customers. The answer is no, they will never deliver after 10 pm.
Amazon.com, Inc is an American transnational technology company fastening on e-commerce, pall computing, online advertising, digital streaming, and artificial intelligence. It is one of the most influential profitable and artistic forces and is one of the world's most precious brands.
The good news is that anyhow when you place your order or what Prime benefits you have, Amazon will no way deliver after 10 pm. With that said, the utmost standard deliveries from Amazon will arrive before 8 pm.
Deliveries can do between 6 a.m. and 10 p.m. original time. To avoid disturbing you, our motorists will knock on the door, ring the doorbell, or directly communicate with you for delivery only between the hours of 8 am- 8 pm original time, unless your delivery is listed or requires a hand.
To know more about Amazon,
brainly.com/question/29843986
#SPJ4
What is the full meaning of vehicle?
When we compare one item to another, we are using figurative language to describe it. Vehicles and tenors are the two terms used most frequently to compare those two items.
The thing being described is the tenor. The metaphorical phrase you choose to describe it is the vehicle. a device used to carry or move objects. aircraft, trains, and other forms of language, like a motor vehicle or piece of mechanical machinery With more than 400 different model options and a wide range of car categories, there are a tonne of options on the market for cars nowadays. It can be challenging to make sense of it all.
To learn more about Vehicles, click here.
https://brainly.com/question/13390217
#SPJ4
What is the role of central bank in monetary system?
Read about this topic in the following link.
which positive real number $x$ has the property that $x$, $\lfloor x \rfloor$, and $x - \lfloor x\rfloor$ form a geometric progression (in that order)? (recall that $\lfloor x\rfloor$ means the greatest integer less than or equal to $x$.)
The positive number x that has the property illustrated is 1.618.
How to calculate the Integer?Based on the information given, it should be noted that the common ratio of the progression will be (m + n)r = m
mr = n
Substituting the equation into the first equation will be:
n(1 + r) = m
r < 1 so (1 + r) < 2
Since is less than 1, it implies that m = 1
This means that r = n and substituting this will be:
n² + n - 1 = 0
n = (-1 + ✓5) / 2
n = 1.618
Learn more about integer on:
brainly.com/question/17695139
#SPJ1
Which positive real number x has the property that x, |x|, form a geometric progression (in that order)?
(Recall that means the greatest integer less than or equal to .)
What are examples of causal relationships?
Causal relationships: A causal generalization, such as the claim that smoking causes lung cancer, does not specifically mention any one smoker but rather asserts that there is a distinctive connection between the trait of smoking and the trait of developing lung cancer.
Which of the four causal links are they?
many kinds of Causal relationships
As a result of discovering causal linkages, many sorts of causal models are created, including causal chains, common-cause relationships, and causal homeostasis.How can a causal relationship be determined?
The best method for proving that two variables are causally related is to utilize a controlled study. In a controlled study, the sample or population is divided into two groups that are nearly identical in every respect. The two groups are then given various therapies, and each group's results are evaluated.
Learn more about Causal relationships here:
https://brainly.com/question/9266776
#SPJ4
the fed chairman is in control of: a.fiscal policy. b.the u.s. money supply. c.the imf. d.the world's money supply.
The chairman of the Fed controls the world's money supply. The chair provides leadership and executes the central bank's mandate, aiming for maximum employment, stable prices, and long-term interest rates in the moderate range.
The money supply is the total amount of currency and liquid assets in a country's economy on the day measured. Cash and deposits that can be utilized virtually as quickly as cash are roughly included in the money supply. Governments print paper money and coins through a mix of central banks and treasuries. Bank regulators impact the money supply accessible to the public through requiring banks to retain reserves, determining how to grant credit, and other monetary considerations. The amount of cash or currency circulating in an economy is referred to as the money supply. Different metrics of money supply include non-cash factors such as credit and loans. Monetarists think that, all else being equal, increasing the money supply leads to inflation.
To know more about money supply:
https://brainly.com/question/24249291
#SPJ4
A computer game that can be purchased online and played right away has good ________ utility.
Option D. Time Utility, This is true since you won't lose time waiting for the game to instal on your computer after purchasing it from the shop.
It may be played right away after purchase, which helps you save lots of time. Instead of wasting those few hours waiting, you could use them to play the game. All online-purchased information and entertainment products, including games, movies, and magazine subscriptions, have a high time usefulness. The time saved by not having to visit a store to purchase this kind of merchandise helps to explain this. This was not conceivable before the internet was developed. This is an illustration of how technology improves our quality of life.
A computer game that can be purchased online and played right away has good ________ utility.
A. Form
B. Information
C. Value
D. Time
To learn more about Time Utility please click on below link
https://brainly.com/question/14753862
#SPJ4
What did some farmers do to try to raise crop prices?
The federal Agricultural Adjustment Act (AAA), a component of President Franklin D. Roosevelt's New Deal, was adopted in 1933.
In what ways did farmers try to reduce supply and increase crop prices?The federal Agricultural Adjustment Act (AAA), a component of President Franklin D. Roosevelt's New Deal, was adopted in 1933. The law gave farmers incentives in return for controlling the production of particular crops. The subsidies' goal was to lower overproduction and raise agricultural prices. Farmers started cooperatives, interest groups, and political parties in an effort to increase their political and economic influence as well as to protest their declining economic situations.To learn more about New Deal refer to:
https://brainly.com/question/936437
#SPJ4
What happens to the federal funds rate when there is a recession?
During a recession, the federal funds rate is typically lowered in order to stimulate economic growth and encourage borrowing and spending. When the federal funds rate is lowered, it becomes less expensive for banks to borrow money from the Federal Reserve, which can then be lent to consumers and businesses at lower interest rates. This can help stimulate economic activity and potentially lead to an economic recovery. However, the exact response of the federal funds rate to a recession will depend on a variety of factors, including the severity of the recession and the specific policies implemented by the Federal Reserve.
What is the central idea of this passage the animals Cannot?
The focus of the paragraph from Animal Farm is on Napoleon, a character who believes that the animals should put in more effort and consume less food.
Napoleon is advising animals in the passage to put in more effort and work hard to build the windmill. Napoleon imposed the threat of reduced meals if animals do not work hard in order to encourage them to do so.
Reasonable justification for the other possibilities is:
The chapter mentions the exile of Snowball, but Napoleon is expecting animals to strive hard to prevent this expulsion.
The passage's main point is not how animals are misunderstood to be in opposition to the windmill's lack of construction.
Nothing regarding stealing ideas is stated in the passage. Nothing regarding stealing ideas is stated in the passage.
Therefore, it indicates that the passage's main idea is limited to Napoleon's assumption that animals work hard and consume less calories.
To know more about Animal Farm, refer to the link:
brainly.com/question/13705543
#SPJ4
The correct question is:
Read the passage from \Animal Farm.
On the third Sunday after Snowball's expulsion, the animals were somewhat surprised to hear Napoleon announce that the windmill was to be built after all. He did not give any reason for having changed his mind, but merely warned the animals that this extra task would mean very hard work, it might even be necessary to reduce their rations.
What is the central idea of this passage?
The animals cannot believe that Snowball is gone.
Napoleon expects the animals to work harder and eat less.
The animals do not understand why they have to build a windmill.
Napoleon steals ideas from Snowball and pretends they are his own.
while analyzing the advantages of orientation programs for new employees, carson learns that these programs can make new employees more comfortable in their jobs and thus help them focus on their work. this, in turn, increases employee efficiency and reduces the likelihood that they will quit their jobs. which statement should carson avoid making to ensure he doesn't lower his credibility?
Orientation programs decrease the chances of new employees deciding to quit.
What is the significance of employees?
An employee is an individual who is paid to perform duties for another person or business. Employees do not have to work full-time to be considered employees; they must simply be paid for their services by a contractor (the person or business that pays them).
What are some examples of workers?
A retail sales associate is an instance of an employee. This same worker is regarded an employee because he or she must finish tasks in a specific manner, like wearing a badge and greeting customers with specific phrasing.
To know more about Employees visit:
https://brainly.com/question/18633637
#SPJ4
An individual who goes short in a futures position Multiple Choice O commits to delivering the underlying commodity at contract maturity To O commits to purchasing the underlying commodity at contract maturity
O has the right to deliver the underlying commodity at contract maturity
O has the right to purchase the underlying commodity at contract maturity
An individual who goes short in a futures position: commits to purchasing the underlying commodity at contract maturity. The correct answer is the second option.
What is a futures contract?A futures contract is a regulated legal contract to purchase or sell something at a prearranged price for delivery at a specified time in the future, among the parties which not yet known to each other.
Futures contracts or simply called futures, are a kind of secondary contract agreement to purchase or sell a specific commodity asset or security at a decided future date for a decided price. Futures contracts are traded on futures exchanges like the CME Group and need a brokerage account which has approved to trade futures.
Learn more about futures contract at: https://brainly.com/question/29240253
#SPJ4
What happens in a recessionary period?
During a recession, the economy struggles, individuals lose their jobs, businesses see a reduction in sales, and the nation's overall economic output falls. The exact moment the economy enters a recession is determined by a number of variables.
What is a recession ?Standard monetary and fiscal repercussions of recessions include reduced loan availability and a tendency for short-term interest rates to decline. Unemployment rates rise as firms look for ways to save money. This in turn lowers consumption rates, which in turn brings down inflation rates.
A recession results in a decline in economic production, employment, and consumer expenditure. As the central bank (like the U.S. Federal Reserve Bank) lowers rates to boost the economy, interest rates are likewise likely to decrease.
Recessions are times of economic collapse that are indicated by rising unemployment, falling stock prices, and a decline in the housing market.
Read more on recession here: https://brainly.com/question/1417711
#SPJ1
reducing the business process layers in a distribution channel is called: group of answer choices network effects disintermediation market segmentation bpr
Reducing the business process layers in a distribution channel is called: disintermediation.
The process of eliminating the financial middleman in a transaction is referred to as disintermediation. It may let a customer to purchase directly from a wholesaler rather than via an intermediary such as a store, or it may allow a company to order straight from a manufacturer rather than a distributor.
A distribution channel is a route that a product or service might take to reach the market. A direct distribution channel is one through which a corporation sells directly to the consumer, typically via their website or retail shop.
For more information on disintermediation, visit:
https://brainly.com/question/29217259
#SPJ4
4.
a.
b.
C.
d.
What is the estimated annual Cost of Attendance in Offer #2?
$28,013
$15,888
$14,007
$12,125
Answer:
Attendance is a great cost in the annual average, C $12,125
What are three roles of government in a mixed economy?
The functions are improve the efficiency of the economic system,control externalities and public goods,provide correct information.
Governments can try to redistribute wealth by taxing the private sector and using the tax proceeds to promote social objectives.Trade protection, subsidies, targeted tax credits,fiscal stimulus,and public-private partnerships are common examples of government intervention in mixed economies.A mixed economy combines the advantages and disadvantages of three different types of economies market,command, and traditional economies.To understand how a mixed economy works, it is important to first understand each of the three types of economies that it combines.The role of the government in a mixed economy is that it is the regulator in charge of preserving competition.Economic objectives are important because.They help people determine whether an economic system meets their needs.
To learn more about public-private please click on below link.
https://brainly.com/question/27883481.
#SPJ4
When conducting an evaluation, it is not good practice to provide on-site feedback as you uncover information that could benefit the agencies’ work during the study.
a. True
b. False
False, it is a good practise to provide immediate feedback when you learn information that could aid the agency's work when doing an evaluation.
Only conducting an evaluation when the intervention is complete is insufficient. Evaluation serves as a task area that supports the intervention's actual formulation (formative evaluation), delivery and implementation (process evaluation), and assessment of the intervention's overall impact (outcome evaluation). As a result, evaluation is required at various phases of the entire social marketing process—before, during, and after deployment.
Evaluations can be performed by a wide range of various actors, including outside contractors, internal employees, those in charge of providing services, peers, the community, and a unified group.
To learn more about evaluation refer here:
brainly.com/question/13163315
#SPJ4
1. CSR and sustainability strategies typically entail
discontinuing a company's customer value proposition or key value chain activities that may not be considered socially responsible.
selectively weakening a company’s competitive advantage in the marketplace in order to provide for the longevity of natural resources, maintain ecological support systems for future generations, and guard against ultimate endangerment of the planet.
deliberate actions to protect the environment, provide for the longevity of natural resources, maintain ecological support systems for future generations, and guard against ultimate endangerment of the planet.
an observable and measurable level of expenditure that consists of 5 percent (or more) of pretax profits on social responsibility initiatives.
careful consideration of revised corporate social agendas, specifically for the purpose of improving a company’s competitive strength in the marketplace.
2. Essential state-of-the-art operating and information systems that support Amazon’s strategies and value-creating internal processes encompass
systems to secure corporate espionage data.
competitor intelligence databases.
barometers and benchmarking data.
information systems to track supplier/partner/collaborative ally data.
data management systems for undertaking benchmarking, TQM, and Six Sigma quality control.
3. Trader Joe’s strategic options for expansion into foreign markets would not typically involve
establishing a subsidiary via acquisition or greenfield development.
employing a franchising strategy using local ownership.
exporting goods to foreign markets from a national base.
pursuing a profit sanctuary strategy.
relying on cooperative agreements with foreign companies.
4. Superior strategy execution capabilities are
hard to imitate.
socially simple.
develop quickly.
easy to achieve.
easy for rivals to copy.
5. Examples given in the text of visible actions to reallocate operating funds and move people into new organizational units have shown management’s determined commitment to strategic change at which companies?
Bank of America and GEICO
McDonald’s and Value Corporation
Allied Signal and Ford
AT&T and Microsoft
General Electric and Hallmark
CSR and sustainability strategies typically entail deliberate actions to protect the environment, provide for the longevity of natural resources, maintain ecological support systems for future generations, and guard against ultimate endangerment of the planet. Thus, option (c) is correct.
What is sustainability?Sustainability entails addressing our own demands without endangering generations' ability to meet their own. The ability to live and flourish without diminishing resources for the future is known as as sustainability.
Data management solutions for benchmarking, TQM, and Six Sigma quality control are among the essential cutting-edge operating and data systems that support Amazon's strategies and valuation internal processes.
Trader Joe's strategic alternatives for overseas market expansion would not normally include establishing a subsidiary through acquisition or greenfield development.
Superior strategy execution abilities are difficult to replicate.
Therefore, option 1. (c) 2. (d), 3. (a), 4. (a) is correct.
Learn more about on sustainability, here:
https://brainly.com/question/13353436
#SPJ4
What is Kanban good for?
Kanban is good to Visualize the workflow, Limit work in progress, Manage Flow, Make process policies explicit, Feedback loops and Improve collaboratively
Due to its adaptability, kanban can be layered over existing workflows, systems, and procedures without interfering with how things are already working out. It will draw attention to problems that need to be fixed and, when possible, aid in planning modifications for their disruption-free implementation. The Kanban technique promotes ongoing, small-scale, incremental, and evaluative modifications to the current process since it is made to encounter less resistance. Kanban acknowledges that current procedures, positions, duties, and titles have worth and should generally be kept.
To learn more about kanban refer here:
https://brainly.com/question/29458558
#SPJ4
when angelica started her own fabric company, she took out a loan from her local bank. angelica took a second mortgage on her home as collateral for the loan. which type of bank loan does this scenario best describe?
Angelica took a second mortgage on her home as collateral for the loan. This scenario best describes a secured loan.
What is secured loan?A secured loan is one in which the borrower pledges property as security, turning the pledged property into a secured debt owing to the creditor who provided the loan.
Interest rates are frequently lower than they would be without collateral because secured loans are seen as less risky. Making a cash deposit up front may provide you the chance to establish credit with secured credit cards and loans if unsecured credit is not an option.
To learn more about secured loan
https://brainly.com/question/17077155
#SPJ1
What were the top two purposes of the Tennessee Valley Authority Act ?
Answer:
Explanation:
This act of May 18, 1933, created the Tennessee Valley Authority to oversee the construction of dams to control flooding, improve navigation, and create cheap electric power in the Tennessee Valley basin