Economic Development Administration - History

History

The EDA was established under the Public Works and Economic Development Act of 1965 to generate jobs, help retain existing jobs, and stimulate industrial and commercial growth in economically troubled areas of the United States. EDA assistance is available to rural and urban areas of the United States experiencing high unemployment, low income, or other severe economic distress.

Read more about this topic:  Economic Development Administration

Famous quotes containing the word history:

    Philosophy of science without history of science is empty; history of science without philosophy of science is blind.
    Imre Lakatos (1922–1974)

    They are a sort of post-house,where the Fates
    Change horses, making history change its tune,
    Then spur away o’er empires and o’er states,
    Leaving at last not much besides chronology,
    Excepting the post-obits of theology.
    George Gordon Noel Byron (1788–1824)

    It’s a very delicate surgical operation—to cut out the heart without killing the patient. The history of our country, however, is a very tough old patient, and we’ll do the best we can.
    Dudley Nichols, U.S. screenwriter. Jean Renoir. Sorel (Philip Merivale)