TASK 1 essay about components of GDP in the UK
TASK 1 essay about components of GDP in the UK ORrJG
The bar chart illustrates the gross domestic product generated from the IT and Service Industry
in the UK from 1992 to 2000. It is measured in percentages. Overall, it can be seen that both
increased as a percentage of GDP, but IT remained at a higher rate throughout this time.
At the beginning of the period, in 1992, the Service Industry accounted for 4 per cent of GDP,
whereas IT exceeded this, at just over 6 per cent. Over the next four years, the levels became
more similar, with both components standing between 6 and just over 8 per cent. IT was still
higher overall.
However, over the following four years, the patterns of the two components were noticeably
different. The percentage of GDP from IT increased quite sharply to 12 in 1996 and then nearly
15 in 2000, while the Service Industry stayed nearly the same, increasing to only 8 per cent.
At the end of the period, the percentage of GDP from IT was almost twice that of the Service
Industry
The bar chart illustrates the gross domestic product generated from the IT and Service Industry
in the UK from 1992 to 2000. It
is measured
in
percentages
.
Overall
, it can be
seen
that both
increased as a
percentage
of GDP,
but
IT remained at a higher rate throughout this time.
At the beginning of the period, in 1992, the Service Industry accounted for 4 per cent of GDP,
whereas IT exceeded this, at
just
over
6 per cent.
Over
the
next
four years, the levels became
more similar, with both components standing between 6 and
just
over
8 per cent. IT was
still
higher
overall
.
However
,
over
the following four years, the patterns of the two components were
noticeably
different
. The
percentage
of GDP from IT increased quite
sharply
to 12 in 1996 and then
nearly
15 in 2000, while the Service Industry stayed
nearly
the same, increasing to
only
8 per cent.
At the
end
of the period, the
percentage
of GDP from IT was almost twice that of the Service
Industry