The line graph illustrates the percentage of income made by the top 1 percent in seven various countries in the world, namely: the United States, Canada, Italy, Germany, the United Kingdom, France, and Japan from 1975 to 2015.
Overall, it can be seen that Italy, France, and Japan experienced only a slight increase throughout the period while the rises in the other countries were much more significant.
First of all, Japan and Italy started out as two of the lowest of all with barely 7% in 1975 while France started off in a much more dominant position of almost 10% in the same year. This number, however, did not see any improvement until beyond 2010 because it only increased by less than 1%. Italy and Japan saw a much better improvement, but it was almost negligible due to the fact that it improved to less than 10% in the same period.
On the other hand, the rest of the countries were experiencing a more dramatic incline trend. The United States and Canada started from less than 10% in 1975, but after some fluctuations, they reached the end period with more than 11% earned. Additionally, the United States’ peak also almost touched the 20% mark in the last year. The United Kingdom and Germany, although both of them started off quite differently and also saw some similar fluctuations in the middle, they both reached an almost equivalent peak of more than 10% in 2010.