Given is the line graph which illustrates how many shops closed and opened in one specific nation over a 7-year period.
Overall, it is noticeable to observe that both figures for closures and openings saw a downward trend during the provided period. In 2011, there were more shops opened and fewer stores were facing closure, while in 2018, the situation reversed, with more shops closed and fewer stores opened. Significantly, the fewest number of shops were closed in 2015.
A detailed examination of the given graph shows that there were approximately 8.5 thousand shop openings in 2011 before the figure experienced a sharp decrease to just under 4 thousand openings. After a 2-year period, there was a consistently increasing number of stores opened, reaching just over 6 thousand stores in 2014 and dropping back to around 4 thousand stores the next year. In terms of closures, between 6 thousand and 7 thousand stores shut down from 2011 to 2014 before the figure plummeted to under 1 thousand stores in 2015, reaching the lowest point throughout the entire period.
From 2015 to 2017, the figure for openings did not change significantly, remaining at around 4 thousand stores, followed by a slight drop to 3 thousand stores in 2018. However, there was a substantial increase in the number of closures between 2015 and 2016, approaching just over 5 thousand in 2016 and remaining fluctuated at around 5 thousand store closures until 2018.