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The image is a line graph with three lines representing "Monthly salary," "Colored TV," and "Black & White TV" over 5 points in time: 1953, 1958, 1963, 1968, and 1973. The Y-axis shows values from 0 to 200, at 20 unit intervals. Monthly salary is consistently high, beginning at around Y160 in 1953, increasing to nearly Y180 in 1958, dipping to Y160 in 1963, jumping to over Y180 in 1968, and reaching nearly Y200 in 1973. Colored TV starts at roughly Y40 in 1953, drops to around Y20 in 1958 and 1963, and then sharply rises to Y120 in 1968 and further to approximately Y160 in 1973. Black & White TV begins just below Y80 in 1953, descends to around Y60 in 1958, further decreases to roughly Y40 in 1963, and then significantly drops to nearly Y20 in both 1968 and 1973.
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The line chart illustrates average monthly salary and the price of black and white TV and coloured TV over a span of 20-year period between 1953 and 1973, in Japan. Overall, people’s income increased noticeably, however the price of TVs for both groups decreased gradually.
In 1953, people got approximately 30 yen per month. By 1963, monthly salary had experienced a smooth growth by 30 yen and reached 60 yen. Then, the rate of variation income rose. In the next ten years, it saw a significant growth.
On the other hand, in 1953, the price of black and white television was two times more than income per month. The key point for price of black and white TVs was happened in 1963, in this year, the price of old TVs and monthly income had a common amount. Furthermore, coloured TV was introduced to markets in 1958 with the price of 180 yen. Although, the price of modern TVs in the first year was huge, in the sequencing 5 years, the price was dropped to 110 yen. After that, there was a downward trend by 10 yen decrease per each five years by 1973.
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