Look at this chart showing the economic impact of the

Great Depression between 1929 and 1932.

Based on the chart, what can one most likely conclude

about the relationship between industrial production and

unemployment?

US

1 46%

Britain Germany

123% 1 41%

O

Industrial

production

O

Foreign trade

470%

1 60%

1 61%

A rise in unemployment is tied to a rise in industrial

production

Low unemployment leads to a decline in industrial

production.

A drop in industrial production leads to a drop in

unemployment.

Declines in industrial production are tied to a rise in

unemployment

O

Unemployment 1 607% 1 129%

1 232%

O

Question

Brianna Dawson

History

4 May, 15:19

Look at this chart showing the economic impact of the

Great Depression between 1929 and 1932.

Based on the chart, what can one most likely conclude

about the relationship between industrial production and

unemployment?

US

1 46%

Britain Germany

123% 1 41%

O

Industrial

production

O

Foreign trade

470%

1 60%

1 61%

A rise in unemployment is tied to a rise in industrial

production

Low unemployment leads to a decline in industrial

production.

A drop in industrial production leads to a drop in

unemployment.

Declines in industrial production are tied to a rise in

unemployment

O

Unemployment 1 607% 1 129%

1 232%

O

+1

Answers (1)

Know the Answer?

Sloane Hall · Answer 1

4. Declines in industrial production are tied to a rise in unemployment.

Explanation:

There is a great relationship between industrial production and unemployment rate. There is an inverse relationship between industrial production and unemployment rate. If there is decrease in the number of industries, the rate of unemployment increases because when the industries is shutdown, the workers working in the industries lost their jobs and thus increase in the unemployment rate.