QUESTION IMAGE
Question
what do the tennessee valley authority and the federal deposit insurance corporation have in common? both agencies were located in the same part of the country. both agencies were intended to help people affected by the drought. both agencies are still in operation today. both agencies have the role of regulating banks.
Brief Explanations
- Analyze Option 1: The Tennessee Valley Authority (TVA) is in the Tennessee Valley region, while the Federal Deposit Insurance Corporation (FDIC) operates nationally, so they aren't in the same part of the country. Eliminate this.
- Analyze Option 2: The TVA was for regional development (including dealing with the effects of the Depression, not just drought), and the FDIC was for banking stability. The FDIC has no direct relation to helping drought - affected people. Eliminate this.
- Analyze Option 3: The TVA is still operating, managing energy, infrastructure, etc. in the Tennessee Valley. The FDIC is still in operation, insuring bank deposits and maintaining banking stability. This is correct.
- Analyze Option 4: The TVA's role is in regional development (energy, infrastructure), not regulating banks. The FDIC regulates banks and insures deposits. So this is incorrect.
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C. Both agencies are still in operation today.