The provided bar chart illustrates the percentages of global merchandise from 2 distinct areas and the rest of the world. In general, Asia’s figures always higher than Europe in most of the period but the last year. In Addition, a significant changes can be seen in the remaining areas figures.
In 1840, Asia with 40% higher than Europe by 30%. In the next 60 year, Asia with 50% production of the world higher than Europe increased their gap to 20%. In 1960, they shared the same figure with approximately 40% goods production. Lastly, Asia with only about 29%, lower than Europe with roundly 31%.
A closer look to the char, the remaining areas of the world produced 50% goods in 1840, higher than both Asia and Europe. After witnessed a sharp decline, their figure remaining about 20% in 1920. In the next 40 year, they had a rocket in the manufacture production percentages and ended with roundly 45%.
