Introduction
I chose to analyze a line graph that describes the crash of the 2008/09 financial crisis outlined on the Dow Jones Industrials graph. The graph shows the trend of the lead up to the crash, the start of the decline, the official crash of the stock exchange, and then the recovery. This graph can be found in Appendix A. This analysis will evaluate three different aspects of the graph; I will look at the title of the graph, the choice of the visual, and lastly the overall design of the graph and how it can be interpreted.
Title of the Graph
The title of the graph is very ambiguous and does not explain or suggest the financial crash of 2008/09. Since the title is so ambiguous and hard to understand, most people who do not study
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The graph relating to the financial crash is one colour and doesn’t suggest any possible financial hardship that had occurred to people by the crash. What the creator of the graph could have done is made it easier to read by including some colour in the graph to make it easier for the reader. For example, the graph could include the colour green for an incline in price and the colour red or yellow for a decline in price. This would make the graph easier to read for people who are not as involved in the study of financial markets. The graph also could have added a longer timeline by scaling it over a longer period of time.
Adding a longer timeline for both before and after the crash would have provided the viewer with a more in depth analysis of what was going on before the crash of the stock market and after in comparison to the crash. The graph would be more helpful if it was over a longer period of time to show a proper representation of the market instead of just the start and finish of the crash.
According to Ewald (2017), “Line graphs track dependent values on the y axis against an independent value on the x axis” (p.180). For the y and x axis, the creator of the graph did a good job providing an accurate representation of what was going on and showing the differentiation in the stock market index over the period of time. This properly aligns with what Ewald explains in the text.