You should spend about 20 minutes on this task.

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 given bar chart represents the Gross Domestic Product (GDP) in three different global economies between 1960 and 2000.

It is clear that those countries which adopted globalization achieved a steady and progressive GDP growth during the period.

As per the chart, in between 1960 and 1969, the GDP growth was the highest among the wealthy nations. This was nearly 4.8%, which was almost double than that of the non-globalizers and 3.3% more than those who adopted globalization.

In the next three decades, the wealthy nations witnessed a negative growth in their GDP, whereas the globalizers recorded a positive growth. In case of the wealthy nations, the rate fell from 4.8% in 1960’s to just 2% in 1990’s. By contrast, the GDP of globalizers went up from 1.4% to a record high of almost 5% by 2000. The non-globalizers had seen their GDP fluctuating throughout the period between 0.8% and 3.2%.

Expected band score: 6.5