Chapter 15 Section 5

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Tennessee Valley Authority (TVA)

Is a federally owned corporation in the United States created by congressional charter in May 1933 to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly affected by the Great Depression

National Labor Relations Board (NLRB)

Is an independent agency of the United States government charged with conducting elections for labor union representation and with investigating and remedying unfair labor practices.

Securities and Exchange commission (SEC)

SEC' A government commission created by Congress to regulate the securities markets and protect investors. In addition to regulation and protection, it also monitors the corporate takeovers in the U.S.

Federal Deposit Insurance Corporation (FDIC)

The U.S. corporation insuring deposits in the U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices.

Parity

The state or condition of being equal, especially regarding status or pay.


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