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.
The graph provides information on the yearly
GDP
growths of different nations in regard to their global approach over a thirty-year period. Overall
, the globalizers nations had a steady rise in their GDP
between the 1960s and 1990s.
Looking at the graph, the globalizers had the lowest GDP
at just over 1% in the 60s. This
number was continually rising over the years and reaching its peak at around 5% in the 90s. In contrast
, the wealthy countries started with the highest GDP
in the 60s at just under 5%, which was followed by a significant fall in the 70s at just below 3%. Furthermore
, this
number was steadily decreasing in the following years, with its lowest result in the 90s at 2%.
Meanwhile, the non-globalised group showed fluctuations during the thirty-year period. They started with over 2% GDP
in the 1960s, before rising to just over 3% in the 70s. However
, from here, they had a massive fall in the 80s, reaching their lowest GDP
at just under 1%. Nonetheless
, they had a slight rise in the 90s at just over 1%.Submitted by meliarizkina86 on
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Vocabulary: Replace the words gdp with synonyms.
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Vocabulary: The word "graph" was used 2 times.
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Vocabulary: The word "fall" was used 2 times.
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Vocabulary: The word "rise" was used 2 times.
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Vocabulary: The word "just over" was used 3 times.
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Vocabulary: The word "just under" was used 2 times.
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