The bar graph illustrates information about changes in the economic structure of the United Kingdom in the twentieth century through three sectors – agriculture, manufacturing, business and financial services.
Initially, the agricultural industry was the main determinant of the economy between 1900 and 1950, with a percentage of about 50 percent.However, At the end of the year, it fell relatively low compared to the other two sectors.
In general, during this period, there was a significant decrease in the relative share of both manufacturing and agriculture in the British economy. In addition, from 1900 to 2000, business and Financial Services show a steady growth trend , which indicates their growing importance. Despite the business and financial sector, its market share was the lowest in the first half of the century-about 10%. However, by 2000, business and financial services had become the dominant sector in the UK, contributing approximately 45% of its revenue. At the same time, revenues from business and financial services almost tripled.
It can be clearly seen that, agriculture, in the contrary, only has a productivity equivalent to 2% of the economy. In the same period, manufacturing had the second highest value at nearly 17%.
