Japanese Salary and TV Price Trends: 1953-1973
The line graph illustrates the changes in the prices of two types of TVs and the average monthly salary of Japanese individuals from 1953 to 1973. Overall, the prices of TVs showed a significant decline trend, along with an improvement in people's income during these years.
In 1953, the price of black and white TVs was very expensive, at around 100 thousand yen, which was almost three times the average monthly salary at that time. Although the price of color TVs was not displayed, it reached an astounding 180 thousand yen.
Over a 20-year period, the prices of color TVs and black and white TVs fell dramatically, reaching 100 thousand yen and 40 thousand yen respectively. The price of color TVs decreased more significantly. In contrast, the average monthly salary rose quickly, surpassing the prices of both types of TVs in 1963.
By 1973, the average salary of each Japanese individual had reached 180 thousand yen, which was almost twice the price of color TVs and more than three times the price of black and white TVs. In conclusion, this line graph illustrates that in 1973, the average salary could afford more than two color TVs or three black and white TVs, which was different from the situation in 1953.
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