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Zolol [24]
2 years ago
7

A conclusion that can be drawn from both graphs by looking at 1983 is that interest rates dropped, which led to more home starts

. peaked, while home starts bottomed out. climbed, which led to fewer home starts. bottomed out, while home starts peaked.

Social Studies
2 answers:
leonid [27]2 years ago
8 0

Answer: interest rates dropped, which led to more home starts.

In the first graph, we can see a sharp rise in interest rates around the year 1983. At the same time, we can see an increase in home starts in the second graph.

The 1980s saw a huge increase in interests rates, sometimes as high as 17-18%. This made it difficult for families to afford a house (by comparison, interest rates nowadays are around 3-5%). The high interest rates were an attempt to control the problem of inflation.

Leona [35]2 years ago
8 0

A: dropped, which led to more home starts.

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