The bar chart illustrates the manufacturing output of products From Asia, Europe, and the rest of the world over five different years
From an overall perspective, it is evident that Asia’s manufacturing output declined initially rising again, Europe showed an overall decrease, while the rest of the world experienced steady growth.
Looking at the chart, Asia recorded the highest manufacturing ratio of 50 percent in 1840. Europe followed with a ratio that was 10 percent lower about 40 percent, while the rest of the world accounted for only 10 percent. By 1880, Asia saw a significant drop to 30 percent. In contrast, Europe and the rest of the world both experienced increases in manufacturing production, with Europe rising by 10 percent and the rest of the world by 15 percent.
After 1960, Asia began to experienced growth again, starting at 25 percent and ultimately reaching a peak of 45 percent.
Following the increase in 1920, Europe experienced a steady decrease, dropping to nearly 40 percent by 1960 and further down to 30 percent in 2000. Finally, the rest of the world peaked at 39 percent before declining to 32 percent by the end of the period.