The bar chart shows information about changes in average annual gross domestic products in three different countries from the 1960s to the 1990s. Overall, it is clearly seen that both wealthy countries and non-globalisers had a decrease in the average annual GDP growth. In contrast, globalisers’s GDP witnessed an increase over the given period/phase/stage.
Looking at the graph, the globalisers had the lowest GDP just at 1.2% in the 1960s. this number rose over the years and reaching its peak at approximately 5%, becoming the highest number in 1990s. whereas, wealthy countries started with the highest GDP in the 1960 around 4.8%, this number had significantly fell just under 3% in 1970s and continuing dropped in the following years, with its lowest result in 1990s at 2%.
Meanwhile, the non-globalisers showed a fluctuation over the period. They started with around 2.4% GDP in 1960s, before rising to just over 3% in 1970s. However, from there, this number experienced a significant drop to just below 1% in 1970s. nonetheless, they had a slightly growth in 1990s at around 1.3%.
