October 1929
The U.S. Stock Market Crashes
The massive collapse of stock prices triggers a large-scale, global economic decline that becomes known as the Great Depression.
June 1932
The Great Depression Drags On
As the world's economic situation worsens, the mood in the U.S. grows more desperate. In the Tennessee Valley, over 90% of rural households still do not have electric power and unemployment is high.
November 1932
FDR Elected President
Democrat Franklin Delano Roosevelt wins the national election on a platform that calls for increased government intervention in the economy.
March 1933
Roosevelt's 'New Deal' Begins
Part of FDR's New Deal economic program is the creation of agencies such as the Civilian Conservation Corps (CCC) to put people to work across the country with government-funded conservation projects and parks.
May 1933
Congress Passes the TVA Act
Another New Deal program, the Tennessee Valley Authority (TVA) is created with a mission to increase electric power production, create employment and improve navigation and flood control in the Tennessee Valley.
June 1933
The PWA is Created
One of the biggest New Deal agencies, the Public Works Administration (PWA) funds major construction projects and works with TVA to expand the electric power distribution system in the Tennessee Valley.
October 1933
Construction Begins on Norris Dam
Norris is the first dam built by TVA and becomes fully operational in July 1936. It is named after Senator George Norris, who helped bring about TVA.
February 1934
Tupelo, MS Receives Power Service
Tupelo is the first city to sign a wholesale electric power contract with TVA. More small and rural municipalities across the Tennessee Valley begin to electrify with low-cost TVA power.