The bar chart illustrates how three major sectors contributed to the UK economy during the 20th century. Overall, in the first half of the century, the agriculture sector made the largest contribution, while business and financial sectors provided the least. In the latter half of the century, business, finance and manufacturing industries boosted the economy the most, while agriculture contributions declined.
In 1950, the agriculture domain was dominating the economy accounting to approximately 50%,marking the highest figure for the entire century. A similar contribution was also made by the agriculture department in 1900 at just under 50%. Whereas, business and finance sectors only provided roughly a negligible 1% and about 9%. Notably, manufacturing also made significant additions to the economy in 1900 and 1950, at approximately 45%, and just below 40% respectively.
In 1975, the manfacturing domain hovered over 30%, and dipped to approximately 12% in 2000. Business and finance provided about 35% in 2000, its greatest contribution throughout the century. Manufacturing sectors’ contributions decreased steadily over the period given, whereas business and finance contributions increased. Agriculture contributions also plummeted after 1950, reaching its trough in 2000 at barely 1%.
