A pyramid chart stacks proportional bands into a triangle, which suits ranked levels or a hierarchy - widest at the base, narrowest at the top.
When your categories form levels or a hierarchy you want to show by size - population age bands, or tiers of a market - with the largest at the bottom.
They are mirror images in spirit. A funnel emphasizes drop-off through a process from top to bottom, while a pyramid emphasizes the size of ranked levels built up from a base.
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