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    Khai Nguyen
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    The line graph and bar chart show the fluctuation in taxation, consumer credit, and consumer spending in the UK from 1990 to 2010. The key observations are: 1) Available consumer credit had an upward trend over the period while taxation percentages declined; 2) Consumer credit peaked at 30% in 1995 and again at 60% in 2005 before declining, while taxation followed the opposite trend; 3) Consumer expenditure on food, appliances, and clothing was highest in 2005 when credit was also high, though clothing expenditure declined unlike other categories by 2010.

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    The line graph and bar chart show the fluctuation in taxation, consumer credit, and consumer spending in the UK from 1990 to 2010. The key observations are: 1) Available consumer credit had an upward trend over the period while taxation percentages declined; 2) Consumer credit peaked at 30% in 1995 and again at 60% in 2005 before declining, while taxation followed the opposite trend; 3) Consumer expenditure on food, appliances, and clothing was highest in 2005 when credit was also high, though clothing expenditure declined unlike other categories by 2010.

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    135 views1 page

    Writing 4

    Uploaded by

    Khai Nguyen
    The line graph and bar chart show the fluctuation in taxation, consumer credit, and consumer spending in the UK from 1990 to 2010. The key observations are: 1) Available consumer credit had an upward trend over the period while taxation percentages declined; 2) Consumer credit peaked at 30% in 1995 and again at 60% in 2005 before declining, while taxation followed the opposite trend; 3) Consumer expenditure on food, appliances, and clothing was highest in 2005 when credit was also high, though clothing expenditure declined unlike other categories by 2010.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    The line graph illustrates the fluctuation in taxation percentages and consumer credit

    from 1990 to 2010, while the bar chart shows the consumer expenditure for three product
    categories in the United Kingdom at five-year intervals during the same period. When
    examining both visuals together, a notable correlation between taxation percentages,
    consumer credit, and consumer spending can be observed.
    Taking an overall perspective, the most striking observation from the illustrations is that
    the UK experienced an upward trend in the percentage of available credit throughout the
    period, whereas the trend for taxation percentages was the opposite.
    Analyzing the first graph in more detail, it can be seen that the percentage of available
    credit in the UK reached its peak at 30% in 1995 and then experienced another summit at
    60% in 2005 before declining significantly. In contrast, the trend for taxation was
    inversely proportional to that of credit. Both taxation and credit percentages reached their
    highest and lowest points in 2000, at 20% and -10%, respectively.
    Regarding consumer expenditure, the purchasing power of all product categories might
    have been influenced by the percentage of available credit. Expenditure on food,
    household appliances, and clothing all reached their highest point in 2005. However,
    consumer spending on clothing reached its lowest point in 2010, unlike the other
    sections.

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