The provided bar graph illustrates the global manufacturing output from Asia, Europe, and the rest of the world over the period of 160 years, starting at 1840.
As is observed, while Asian and Ẻuope witnessed a downward trend, the opposite was true for the rest of the world. It is also evident that the rest of the world registered the highest numbers in the proportion of world manufacturing over the period shown.
In the year 1840, the rest of the world accounted for 50%, making it the most of world production. This was followed by Asian, whose figure was 40%. After Asian increase slightly by 10% in 1920, there was a minimal decline to nearly 30% in 2000. A similar trend can also be seen in the rest of the world decreasing from 50% to over 20% before rose gradually to approximately 45% at the end of the period.
Looking at the chart in more detail, the rate of global manufacturing in European countries hit the lowest point in 1840, stood at only 10%. Then, this figure witnessed an upward trend, going up from just 10% to nearly 40% in the year 1960. However, the period of 40 years from 1960 to 2000 saw Europe went down slightly to above 30%.