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The graphs contain economic statistics for the late 1920s and early 1930s.

Left, a bar graph of Bank Failures by Decade. Decades 1920s and 1930s are shown with failures in the thousands. In the 1920s there were about 500 failures. In the 1930s there were about 9,000 failures. Right, A line graph showing Unemployment Rate 1929-1933. X axis is Years 1929, 1930, 1931, 1932, 1933. Y axis is increments of 5 starting at 0 and ending at 30. Unemployment in 1929 was about 4 and rose steadily to about 25 in 1933.

How are the statistics shown on the graphs related?

The failure of banks and businesses led to high unemployment rates.
The failure of banks and businesses were offset by low unemployment.
High unemployment in the 1920s resulted in bank failures in the 1930s.
Low unemployment in the 1920s resulted in bank failures in the 1930s.

User Miss Rosy
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1 Answer

5 votes

Answer: High Unemployment rates in the 1920s resulted in Bank Failures in the 1930s.

Step-by-step explanation:

Between 1929 and 1933, the quantity of goods and services produced in the United States fell by one-third, the unemployment rate soared to 25 percent of the labor force, the stock market lost 80 percent of its value and some 7,000 banks failed.

User Scott Mielcarski
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8.9k points
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