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Why did industrial production drop and unemployment go up again in 1938?

April 26, 2017drop industrial production unemployment

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Why did industrial production drop and unemployment go up again in 1938?

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By the spring of 1937, production, profits, and wages had regained their 1929 levels. Unemployment remained high, but it was considerably lower than the 25% rate seen in 1933. In June 1937, some of Roosevelt’s advisors urged spending cuts to balance.