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:

    The history of modern art is also the history of the progressive loss of art’s audience. Art has increasingly become the concern of the artist and the bafflement of the public.
    Henry Geldzahler (1935–1994)

    Let it suffice that in the light of these two facts, namely, that the mind is One, and that nature is its correlative, history is to be read and written.
    Ralph Waldo Emerson (1803–1882)

    ... in America ... children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.
    Mary McCarthy (1912–1989)