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
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