The chart illustrates the shifts in proportion of total manufacturing production across regions including Asia and Europe.
Overall, Asia and Europe exhibit a fluctuated decrease in 2000 compared to 1840 while the rest of the world receive an overall dramatically increase. Both two mentioned continents were at their peak standard in 1840, whereas the rest of the globe makes up the lowest rate.
At the first glance, Asia dominated global manufracturing with a significant 50% share, closely followed by Europe with 40%, while the rest of the world contributed a mere 10%. However, by 1880, the world production output has shifted slightly which Asia exhibits a decline by 20%, in contrast to Europe and the others overall conclude a rise by approximately 10%. This occurence has continued in 1920, with Europe’s standard standing up the largest figure with 50%, while Asia decrease to 20% and the rest of the world experience a tendency of 30%.
In 1960, there witnesses a stabilization between Europian continent and the rest both making up at mere 40%, while Asia has a slight contribution to 25%. The turn of 2000 experience the recovery of Asia, where manufractuating output turned back to 45%, whereas Europe witness a decline to 30%. The rest of the world recorded a slight downward to nearly 30%