NHUTQUANG
Aug 18, 2021
Writing Feedback / The contribution of three sectors - agriculture, manufacturing, and business for the economy in UK [4]
The visuals present three examined indicators, agriculture, manufacturing and business and financial, contributing in percentage terms to the UK's economy within 100 years.
It is easily seen that agriculture was ranked the most favored in the first 50 years, however, it has experienced a dramatic drop since 1950. Likewise, there was a mild decrease in manufacturing considered as the second preferred sector over time. Conversely, Business and financial saw a steady increase throughout the period from 1950 to 2000. In 1900, the contribution rate of agriculture gained the most as compared to others, at 48 percent, and slightly rose to the peak of 50 percent in 1950. Alternatively, after the climax, agriculture's proportions drastically leveled off and contributed below 5 percent, seen as the least recorded in 2000. Whilst, despite a modest starting point in early times, business and financial, gradually leveling up and surpassing other two sectors to reach the most contributed rate in 2000, at over 35 percent much larger than manufacturing and agriculture, 18 percent and 2 percent respectively. Additionally, manufacturing shared the similar trend with agriculture that its latest figure plummeted roughly by half in comparison to that in 1900. It is evident from the chart that business and financial areas have been massively focused of late, meanwhile, less concentration on the other two are blatant.
contribution of three selected economy sectors
The visuals present three examined indicators, agriculture, manufacturing and business and financial, contributing in percentage terms to the UK's economy within 100 years.
It is easily seen that agriculture was ranked the most favored in the first 50 years, however, it has experienced a dramatic drop since 1950. Likewise, there was a mild decrease in manufacturing considered as the second preferred sector over time. Conversely, Business and financial saw a steady increase throughout the period from 1950 to 2000. In 1900, the contribution rate of agriculture gained the most as compared to others, at 48 percent, and slightly rose to the peak of 50 percent in 1950. Alternatively, after the climax, agriculture's proportions drastically leveled off and contributed below 5 percent, seen as the least recorded in 2000. Whilst, despite a modest starting point in early times, business and financial, gradually leveling up and surpassing other two sectors to reach the most contributed rate in 2000, at over 35 percent much larger than manufacturing and agriculture, 18 percent and 2 percent respectively. Additionally, manufacturing shared the similar trend with agriculture that its latest figure plummeted roughly by half in comparison to that in 1900. It is evident from the chart that business and financial areas have been massively focused of late, meanwhile, less concentration on the other two are blatant.
bar chart
