IELTS: Contribution of selected sectors to the UK economy in the 20th century
The graph shows changes in the percentage of the UK economy over the 20th century with 3 sectors: agriculture, manufacturing and business and financial services.
At the beginning of the 20th century, we can see that agriculture and manufacturing played as a key role in the UK economy with just below 50% and 45%, respectively. Business and financial services only contributed a small proportion to the UK economy with 4% in 1900.
After the first half of century, agriculture continued to contributed the largest propotion with a sligh increase to 52%. But in the following five decades, this figure declined rapidly ending the year to approximately 2%.
The contribution of manufacturing were down over a century, falling significantly from 45% to just nearly 15% in 2000.
By contrast, the role played by business and financial services in the UK economy became increasingly important over the whole century. It was no more than 4% at the beginning of the 20th century and ended at almost 35% in 2000.
To sum up, the ranking of contribution of 3 sectors after 100 years reversed. Business and financial reported the highest percentage of contribution. This was followed by manufacturing and agriculture
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