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Industrialization Through Time |
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| This graph, based on the British experience of industrialization, shows how an economy industrializes and deindustrializes. From point A to point B, industry’s share of national gross domestic product (GDP) steadily increases. After point B the economy has reached industrial maturity, and the industrial contribution to GDP remains fairly constant. Between points C and D, the economy enters a period of deindustrialization, where the percentage share of GDP contributed by industry declines relative to other areas of economic activity. | ||||||
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| © Microsoft Corporation. All Rights Reserved. | ||||||
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| Appears in these articles | ||||||
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| Industrialization and De-Industrialization | ||||||
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© 2008 Microsoft
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