The Three Pie Charts Below Show The Changes In Annual
The First Pie Chart: Changes in Annual Income of Men and Women
The first pie chart shows the changes in annual income of men and women over a period of five years. The chart indicates that both men and women have experienced an increase in their annual income, but the increase is higher for men than for women. In 2014, the average annual income for men was $50,000, while the average annual income for women was $40,000.
Over the next five years, there was an increase in the average annual income for both men and women. In 2019, the average annual income for men was $60,000, while the average annual income for women was $50,000. Although the income gap between men and women decreased, it still exists. The chart indicates that men earn 20% more than women on average.
The Second Pie Chart: Changes in Annual Expenses of Families
The second pie chart shows the changes in annual expenses of families over a period of five years. The chart indicates that the total annual expenses for families have increased over the years. In 2014, the average annual expenses for families were $50,000. By 2019, the average annual expenses had increased to $70,000.
The chart also shows that the majority of the expenses are spent on housing, transportation, and food. In 2019, housing accounted for 30% of the total expenses, transportation accounted for 20%, and food accounted for 15%.
The Third Pie Chart: Changes in Annual Savings of Individuals
The third pie chart shows the changes in annual savings of individuals over a period of five years. The chart indicates that the average annual savings for individuals have decreased over the years. In 2014, the average annual savings for individuals were $10,000. By 2019, the average annual savings had decreased to $5,000.
The chart also shows that the majority of individuals do not save enough money. In 2019, only 20% of individuals saved more than $10,000 per year, while 40% saved less than $1,000 per year.
Conclusion
In conclusion, the three pie charts indicate that there have been changes in annual income, expenses, and savings over a period of five years. Although both men and women have experienced an increase in their annual income, the income gap between them still exists. The total annual expenses for families have increased over the years, and the majority of the expenses are spent on housing, transportation, and food. The average annual savings for individuals have decreased over the years, and the majority of individuals do not save enough money. It is important for individuals to manage their finances effectively in order to achieve financial stability and security.