The graph below shows the average growth in domestic products in wealthy countries, countries that have adopted a global approach to business and countries that have not . Write a report for a university lecturer describing the information below.

The bar chart presents the standard increment in national merchandise in affluent countries, regions that have been internationally integrated with business and those that have not.

Overall

, in lieu of a poorly commencing, globalised annual growth in domestic industrials took the lead by the end of the given time.

On the contrary

, its wealthy region and non-globalizers witnessed a decreasing trend. In 1960, the average growth of wealthy communities in domestic products accounted for approximately 5%.

Subsequently

, it notably fell as time went by, specifically, in 1970, the rate was 3%,

then

nearly 2.1% in 1980, eventually hitting a low at 2% in 1990.

On the other hand

, the increment of nation’s products in countries in the globalization process experienced the opposite. It initiated at roughly 1% in 1960, followed by a hover around 3% between 1970 and 1980,

then

reached a peak at 5% in 1990. From 1960 to 1970, non-globalizers standard growth of the given goods gradually escalated from approximately 2% to 3%. In 1980, it significantly plummeted to around 1%. From the remainder of the given time, it slightly increased to 1.2% in 1990