The bar chart demonstrates the average annual Gross Domestic Product (GDP) growth through three decades: from 1960s to 1990s. The research was conducted among different forms of business developing in countries: wealthy societies, globalisers, non-globalisers.
Overall, it can be seen that the trends have dramatically fluctuated over the years and dominant position in each period was different from the previous one. The percentage of wealthy countries represented the rapid fall, while regions with non-global-mode significantly increased in numbers and reached the highest point.
According to what is shown, the biggest GDP’s indicator in 1960s was presented by prosperity republics with approximately 5 per cent, however the percentage has been declining since the 70s and the end-result is less than half of the original one (2%). The opposite data is related to the countries linked to the worldwide business as their rate have been risen sharply; starting from only 1,5 per cent to peaking at 5 per cent.
Moreover, the non-globalisers areas had been grown moderately between 60s and 70s, when in 1980s it reached the lowest point (approximately 1%) and 10 years later illustrated the minimal number among all 3 directions.
