The provided bar graph compares the total manufacturing production of Asia, Europe, and the rest of the world over the course 160 years from 1840 to 2000. The data is given in percentages.
Overall, it is observed that all the proportion of production fell in Asia and Europe while the same considerably grew in the rest of the world.
It is interesting to note that Asia had the highest level of manufacturing in the beginning, accounting for 50 percent of the total production in the world, and yet by 1920 it’s proportion fell to a meagre 20 percent. While Asian manufacturing levels declined, Europe and the rest of the world experienced significant growth in the total production. By 1920, Europe accounted for the entire half of total production in the world. Outlining the growth of the rest of the world, in 1840 it was only responsible for a tenth of global output. However, by 1920 its output tripled to 30 percent.
Over the succeeding 8 decades, Asia reclaimed its position as the largest global manufacturer, going from being responsible for only a fifth of total output in 1920 to accounting for 45 percent of the aggregate output in 2000. Europe’s gross output fell to just below 30 percent, whereas the rest of the world witnessed a fall in production levels as well.