QUESTION IMAGE
Question
part a
which category from the table best points to one initial cause of the great depression?
- unemployment rate
- dow jones industrial average index
- federal budget surplus/deficit
- total u.s. exports
part b
in which way does the table provide evidence to support the answer to part a?
- by showing how the government began spending far more than it received in taxes each year.
- by showing how nearly a quarter of workers lost their jobs
- by showing how the number of u.s. goods purchased by other countries was reduced by half
- by showing how the stock market crashed before the onset of other financial problems
8
this question has two parts. first, answer part a. then, answer part b.
select u.s. economic data, 1928–1932
this table provides data about the u.s. economy between 1928 and 1932.
| year | unemployment rate | dow jones industrial average index | federal budget (surplus/deficit) | total u.s. exports |
|---|---|---|---|---|
| 1929 | 3% | 247 | $734 | $5,441 |
| 1930 | 9% | 172 | $738 | $4,013 |
| 1931 | 16% | 83 | -$462 | $2,918 |
| 1932 | 24% | 59 | -$2,735 | $2,434 |
source: national bureau of economic research; u.s. census bureau; u.s. federal reserve
Part A
To determine the initial cause of the Great Depression, we analyze the categories. Unemployment Rate (option with the filled circle) is a key indicator of economic distress. The table shows rising unemployment from 1928 - 1932, which aligns with the Great Depression's labor market impact. Other options: Dow Jones (stock market, effect), Federal Budget (fiscal policy, effect), Exports (trade, effect) are more consequences or later - stage indicators. Unemployment rising early signals labor market collapse, a core initial sign.
We need to find how the table supports Part A's answer (unemployment as a cause). The table's unemployment column (4% in 1928 to 24% in 1932) shows a quarter of workers (24% is near 25%) lost jobs. Option 1: Government spending vs taxes - table has no tax/spending data. Option 3: U.S. goods purchases by other countries - table has exports but not purchase reduction by half. Option 4: Stock market crash - table's Dow Jones drops but not before onset (1929 crash, table has 1928 - 1932, 1929 Dow is 247, 1930 172, so crash is during, not before). Option 2: Unemployment rises from 4% to 24% (nearly a quarter) - matches.
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The option with "Unemployment Rate" (the one with the filled circle)