my blog – Data Science 🤜
I recently completed my assignment through Data Science, visual analysis of datasets and data cleaning to study the economic factors that influence the number of demonstrations worldwide. After analyzing factors such as GDP, consumption, export value, import value, and savings, the following are the conclusions and observations I have made. Analysis of the data revealed that there is a degree of positive correlation between GDP and the number of demonstrations. In countries with higher GDP, the number of demonstrations tends to be higher as well. This may be due to the fact that people in countries with higher levels of economic development have more time, resources and motivation to participate in social activities, including demonstrations. At the same time, high levels of consumption appear to be associated with higher levels of demonstrations in European countries, while there is no significant association in other countries. This suggests that the level of consumption may not be a determining factor for the number of demonstrations. For net exports, the low level during the epidemic also contributes to the high number of demonstrations during the epidemic. Finally, speaking of the value of savings, which peaked in 2021, the population had the reluctance to spend their money but chose to keep it in their bank accounts, which led to an illiquidity of the currency, and due to this liquidity risk, further weakened the economy and led to social discontent.
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