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Bar Chart

Band 5+: The graph below shows the average growth in domestic products in wealthy countries, countries that have adopted a global approach to business and in countries that have not.

Image for topic: The graph below shows the average growth in domestic products in wealthy countries, countries that have adopted a global approach to business and in countries that have not.
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The image depicts a bar graph illustrating the average annual Gross Domestic Product (GDP) growth in wealthy countries, globalizers, and non-globalizers from the 1960s to the 1990s. The GDP growth rates vary between 1.0% to 5.0% across the four decades, with wealthy countries consistently having the highest growth rates, followed by globalizers and non-globalizers, respectively. Globalizers are defined as developing countries adopting a global approach to business, while non-globalizers are those not adopting such an approach.
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Note: Both the topic and the answer were created by one of our users.

The given bar chart provides the information about the average growth in local products in three types of nations over the period from the 1960s to the 1990s.

Overall, while the figure for affluent countries was on downward trend, the reverse was true for globalisers. Moreover, non-globalisers witnessed some signifcant fluctuations.

To commence, in the 1960s, the percentage of domestic goods in wealthy countries peaked at 4.7%, which secondly dominated the chart. Afterwards, it remarkably dropped to 2.8% in the 1970s before remaining this trend until it eventually stayed at 2% in the 1990s. In terms of non globalisers, in the 1960s, the proportion of indigenious products generated in these countries accounted for around 2.5% which then gradually climbed to over 3% in the 1970s. Subsequently, it notably plunged to only under 1% in the 1980s before experiencing a slight increase by the 1990s.

Turning to the upward trend, during the period of the 1960s, 1.5% is the data for local products in non-globalisers. From that time onwards, it steadily enhanced and reached it peak at nearly 5% in the 1990s

Word Count: 181

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The graph below shows the average growth in domestic products in wealthy countries, countries that have adopted a global approach to business and in countries that have not.

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