The chart below gives information about how families on one country spent their weekly income 1968 and in 2018.
The given chart illustrates the data on average weekly spending by families in 2 years: 1968 and 2018. Generally speaking, it can be seen that a large quantity of money was spent on food in 1968 while leisure was the highest investment in 2018.
Taking a closer look at the details, we can see that food ; fuel and power; clothing and footware ; personal goods in 1968 had a higher proportion of weekly spending than in 2018 with food reaching 35% of income, 18% higher than 50 years after. In addition, the rest of the factors were all under 10% in both 2 years.
As shown in the statistical data, it may be inferred that leisure in 2018 was three times higher than in 1968. Similarly, there was a small portion in housing and transport expenses in 2018 but the amount of expenditure spent for these features was still more than 50 years before. However, household goods seemed to stabilize approximately 7% in both 2 years.
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- The chart below gives information about how families on one country spent their weekly income 1968 and in 2018
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