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The image shows a line graph with two lines, one solid representing shop closures and one dashed representing shop openings from 2011 to 2018. In 2011, shop closures were around 5400, increasing to 7300 in 2012, decreasing to around 6900 in 2013, then rising to 8000 in 2014, dropping to around 5800 in 2015, 4600 in 2016, then increasing to 5400 in 2017 and 6600 in 2018. Shop openings started around 5900 in 2011, dropped to around 5600 in 2012, rose to around 7000 in 2013, then decreased to 6900 in 2014, dropped drastically to around 3200 in 2015, then increased to around 5500 in 2016, 5800 in 2017 and 6300 in 2018. Closures were consistently higher than openings except in 2013 and 2014.
Given the complexity of the image, the above description may not be entirely accurate.
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The provided line graph delineates the number of new businesses and closed businesses over the course of 8 years between 2011 to 2018 in a single nation.
Numerous fluctuations can be noted during this period, but the most important was in 2015 where only 500 shops closed, despite 4000 new openings. Moreover, it is noticeable that closures of businesses have mostly been higher as compared to new stores opening.
Initially, in 2011, just about 8500 new businesses emerged, where outlets closing were nearly around 6300. Just after the initial spike, the openings dropped to 4000 in 2012. During the same period, there was a surge in closures and it remained higher the new openings till 2014 and in 2015 there was a dramatic drop in shops closing down to just 500, On the other hand, almost 4000 new stores opened that same year.
Overall, the closures remained higher over the course of 8 years, and just depicted lower than new openings twice in this period.
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