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The Rural Electrification Act of 1936 (REA), enacted on May 20, 1936, provided federal loans for the installation of electrical distribution systems to serve isolated rural areas of the United States.
20 Μαΐ 2016 · May 20, 2016 is the 80 th anniversary of the Rural Electrification Act of 1936. The REA was created to bring electricity to farms. In 1936, nearly 90 percent of farms lacked electric power because the costs to get electricity to rural areas were prohibitive.
Rural electrification is the process of bringing electrical power to rural and remote areas. Rural communities are suffering from colossal market failures as the national grids fall short of their demand for electricity.
24 Αυγ 2017 · Franklin D. Roosevelt made this issue part of his 1932 presidential campaign and worked with Congress to establish the Rural Electrification Administration (REA). Rather than simply build power systems, the REA made loans to electric cooperatives that were repaid over 30 years.
Factories, homes, and recreational buildings had electric lights, appliances, indoor bathrooms, and other modern conveniences that depended on the availability of electricity. Source for information on Rural Electrification Administration (REA): Encyclopedia of the Great Depression dictionary.
As established by the Rural Electrification Act of 1936, REA finally had the funding and the authority to carry out a rural electrification program that could work. Cooperatives across the U.S. were destined to play the major role in bringing electric power to the countryside.
…the 20th century by the Rural Electrification Administration (REA), a federal agency established in 1935, under the New Deal, in an effort to raise the standard of rural living and to slow the extensive migration of rural Americans to urban centres; more than 98 percent of the United States’ farms…
