To determine the relationship between industrial production and unemployment based on the given data, we need to look at how changes in industrial production correlate with changes in unemployment across the three countries (US, Britain, and Germany) during the Great Depression period (1929-1932):
1. Industrial Production Changes:
- US: Industrial production decreased by 46%.
- Britain: Industrial production decreased by 23%.
- Germany: Industrial production decreased by 41%.
2. Unemployment Changes:
- US: Unemployment increased by 607%.
- Britain: Unemployment increased by 129%.
- Germany: Unemployment increased by 232%.
From these observations, we can identify a consistent trend:
- As industrial production decreases significantly in all three countries, there is a corresponding significant rise in unemployment.
With this information, we can conclude that declines in industrial production are directly tied to a rise in unemployment.
Thus, the appropriate conclusion based on the chart would be:
Declines in industrial production are tied to a rise in unemployment.