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 bar graph compares three kinds of nations in terms of their average annual gross domestic product growth over the course of 30 years.
Overall
, both wealthy
countries
' and non-globalisers' average annual
GDP
percentages fell.
In contrast
, Globalisers'
GDP
factor
witnessed a significant increase over the given period. In 1960, wealthy
countries
had the highest average annual
GDP
at well over 4%,
while
globalisers
Correct your spelling
globalised
and
non-globalisers
Correct your spelling
non-globalised
stood at over 2% and 1% respectively. By 1970, the average annual
GDP
figure for all developing
countries
, regardless of their global approach, rose to around 3%.
However
, wealthy
countries
' average annual
GDP
factor
fell to approximately 3%, and with a moderate continuous fall, bottomed down
at the end
of the period. From 1970 onward, the
GDP
factor
for developing
countries
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
average annual gross domestic product
factor
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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