The given graph depicts the development of domestic product quantity every year in wealthy nations, developing countries that have gotten access to the global market and those that have not in 4 different decades.
Overall, it is clearly seen that the development trend of rich countries and non-globalizers was to decrease the number of domestic products while the other decreased during the time shown. Furthermore, the figure for domestic goods of the country which were accessed to universal business was highest in the chart.
For more details, the proportion of wealthy country’s average GDP in the 1960s stood at approximately 57%, largest during the time, while that for globalizers was lowest, at 25%. After a few decades, in the 1990s, there was a rapid fall to 20% in the percentage of national goods of rich countries. At the same time, the figure for internal goods of nations that have not adopted global business access witnessed a dramatic rise to roughly 50% and became the highest in the 1990s.
With regards to the other, the proportion for non-globalizers’ domestic products was about 25% in the 1990s, followed by a significant increase by 15%. However, in the next 2 decades, the number of national products of countries without international commercial access decreased to 15% and was the smallest in that decade.
