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Band 8+: 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 graph shows the average annual growth of gross domestic product in wealthy countries, globalisers, and non-globalisers from the 1960s to the 1990s.

Overall, GDP growth in globalisers increased significantly over the period, while wealthy countries experienced a gradual decline. The figures for non-globalisers showed some fluctuations.

In the 1960s, wealthy countries had the highest GDP growth at just under 5%, whereas globalisers recorded the lowest figure at about 1.5%. Over time, the growth rate of globalisers rose sharply and reached around 5% in the 1990s, becoming the highest among the three groups. In contrast, GDP growth in wealthy countries fell steadily to approximately 2% by the end of the period.

Regarding non-globalisers, their GDP growth increased slightly from about 2.5% in the 1960s to just over 3% in the 1970s. It then decreased to around 2.3% in the 1980s before dropping further to about 1.5% in the 1990s.

Word Count: 149

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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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