The bar graph illustrates the changes of the UK economic structure via three sectors – agriculture, manufacturing, and business and financial services in the twentieth century
It can be seen that there was a clear transform in the UK economic setting from an agro-industrial economics to a business and financial one. Through the period shown, business and financial experienced growth remarkably and steadily.
In 1900, agriculture and industrial sectors dominated the UK economics, accounted for 50% and 45% respectively. While business and financial was just the minor component of the UK economy with contribution at below 5%. Until 1950, the total proportion of agriculture and manufacturing leveled off, whereas business and financial began its upward trend.
In 1975, the contribution of business and financial doubled the figure of agriculture, rose at 20%. While industry decreased gradually, but still ranked first at around 35%. Till the end of the 2nd millennium, business and financial become the most-contributed sector of the UK economy, continued its impressed growth, reached at 35%. Contrary to the plunge of agriculture and manufacturing, with the contribution went down below 20% totally.