From this project, I've learned many facts about the countries economies. Firstly, five years ago the unemployment rate in the Dominican Republic was at 12.4%. From then and now, the rate increased by 2.2%, to end at a high 14.6%. After doing some research, I found out that a reason for this change could be that jobs in the D.R. are limited unless you work for a particular in-demand industry or you have specific skills for a specific job. Furthermore, in Germany, the rate decreased by 2.4%, and is currently standing at 4.7 percent. A very important factor that could explain the lowering of the rate is education. Germany is a country that values knowledge, and because of that they have a great learning programme. An interesting fact, is that over 80% of Germany's workforce had a formal vocational training, which is when you follow a specific course. This is a good thing, because then people can do their job well, which helps the country and its economy. Thirdly, in Sri Lanka, annually, around 140,000 students complete their general education without learning any specific job-related skills. This isn't a positive number, because when people aren't specialized in a specific skill, the job can't be done to its best ability. Although, its unemployment rate is quite low. It's currently standing at a low 4.2 percent, while 5 years ago this number was 0.7% higher.
The final part of my infographic explains the inflation rates. According to the Central World Bank, the vast decrease in Dominican Republic's inflation rate was due to lower food and non-alcoholic beverage prices. The D.R.'s inflation rate went down since 2010; it lowered around 3.3%, from 6.3% to 3 percent. Next, in the European country, the rate first increased from 1.1% to 1.5%, although then it decreased to 0.9%, which is where the number is at now. Reports are stating that the lower rate is mainly due to car fuels, where the prices had dropped 3.4% in 2013, as well as by reduced costs for heating oil, which went down 6 percent. As a final point, in Sri Lanka, the inflation rate at first increased by 0.7%, however it decreased by a vast 3.6% after such a slow change before. This is most likely due to the fact that the newly elected president, Maithripala Sirisena, and the government, reduced the prices of food and energy and lowered utility rates in line with an electoral pledge.
To conclude, Germany had overall the best scores. If we look at the current rates, the European country beats the three other nations. For example, their GNP per capita is a high of $45,010 while the other two countries are less than 12,000 US dollars. Additionally, the most improved rates overall, came from Sri Lanka. To prove this, their inflation rate started out as 6.2 percent, then went higher to 6.9%, but dropped to 3.3%.
Clearly, I have learned many new numbers and facts from my countries economies. They all vary in many different ways, and they all have a plethora of reasons for their unique trends.
Furthermore, the use of colours was worked on. The Dominican Republic-slide has a yellow background, and the graph has a yellow bar. Luckily, the two shades are a little different, although the chart is harder to see. Also, the numbers on the side of the graph and the labels are a challenge to read as well. The last comment is that the graph is a very common graph, and so not super interesting and/or intriguing. To contrast, the German-slide has a clearer colour combination. It has a white center background, therefore the text is all easier to read, however the purple border gives it a nice tint of colour. Additionally, even though the data isn't represented in an actual graph, it is still legible, understandable and attractive. A final comparison is that the graphics and citations all fit together in my second slide. Since I'm explaining the GNP per capita by using an example of Germany's car industry, I add images of their automobile brands and other vehicle-related things. On the other hand, the D.R.'s slide is explaining unemployment rates while a picture of a sunny beach is demonstrated with a Dominican flag and a palm tree. In sum, overall, I have improved my infographics. The organization, the images, use of colour, and meaning of parts of the slide has shown growth over the course of the two presentations.