Answer: B. Plains and Pueblo
Private companies and independent firms believe that the TVA
is a government-run monopoly selling electricity in bulk at low rates making it
difficult for them to compete with the TVA.
Apart from that their low rates enable them to be spared from taxation.
Answer:
A combination of unpaid loans, bad debts, and mass withdrawals
Explanation:
Deflation increased the real burden of debt and left many firms and households with too little income to repay their loans. Bankruptcies and defaults increased, which caused thousands of banks to fail. In each year from 1930 to 1933, more than 1,000 U.S. banks closed.
