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 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
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The bar graph compares three kinds of nations in terms of their average annual gross domestic product growth over the course of 30 years.
Overall
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, both wealthy
countries
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' and non-globalisers' average annual
GDP
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percentages fell.
In contrast
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, Globalisers'
GDP
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factor
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witnessed a significant increase over the given period. In 1960, wealthy
countries
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had the highest average annual
GDP
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at well over 4%,
while
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globalisers
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globalised
and
non-globalisers
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non-globalised
stood at over 2% and 1% respectively. By 1970, the average annual
GDP
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figure for all developing
countries
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, regardless of their global approach, rose to around 3%.
However
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, wealthy
countries
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' average annual
GDP
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factor
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fell to approximately 3%, and with a moderate continuous fall, bottomed down
at the end
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of the period. From 1970 onward, the
GDP
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factor
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for developing
countries
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adopting a global approach continued to rise
,
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and peaked at almost 5% by the end of 1990. Meanwhile, non-globalisers'
GDP
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average annual gross domestic product
factor
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fell to a low of under 1% in 1980 before rising up to around 1.5% in the culminating year.
Submitted by ghazalmoosavi79 on

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Sentences: Add more complex sentences.
Vocabulary: Replace the words countries, gdp, factor with synonyms.
Vocabulary: Rephrase the word "undefined" in your introduction.
Vocabulary: The word "fell" was used 4 times.
Vocabulary: The word "around" was used 2 times.
Topic Vocabulary:
  • trends
  • affluent nations
  • global business orientation
  • sustained growth
  • investment in technology
  • skilled labor
  • fluctuations
  • global trade
  • vulnerability
  • global market shifts
  • steady growth
  • decline
  • reliance on local markets
  • limited exposure
  • economic downturns
  • implications
  • economic policies
  • strategies
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