the correlation between price of tv and average salary in japan
A glance at the given line graph is an illustration regarding the different numbers for various television sets' costs while depicting the remuneration of the Japanese residents throughout 1970 to 2000.
As can be seen explicitly from the chart, whilst there was a predominant decrease in TV prices, the figure for the average monthly income of Japanese surged progressively in the same time frame. Furthermore, by 1970, the number for spending on black and white broadcasting technologies had reached its highest peak before witnessing an overwhelming plummet in 2000.
Getting into details, the expense of consuming the two-colored technological advancements, which were used to display content on a screen, experienced an influx reaching 110 thousand Yen from the beginning. Although the more cutting-edge ones constituted a lower rate (10 thousand Yen), compared to the old versions, by 2000 the television consumption values for both types had hit the rock-bottom. Moreover, the gap between the color TV and the black-white kind was expanded to 45 thousand Yen and 21 thousand Yean respectively.
Meanwhile, below 20 Yen was given to Japanese employees in 1970 and this sector then stayed stagnation during the 20-year period until reaching a record high of approximately 70 Yen in the end. Finally, the year 2000 also suffered a three-fold increase in the figure of Japanese salary and the price of the older TV version that customers consumed.
