The answer is Germany. Starting in the late 19th century forwards
Britain had a relative economic decline as other states such
as the United States and Germany held up. In 1870, Britain's output per head
was the second highest in the world after Australia. By 1914, it was fourth in
the ranking. This was before the World War 1.
Answer:
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 .
