The chart below gives information about how families in one country spent their weekly income in 1968 and in 2018.
The bar chart illustrates the weekly spending habits of families in a particular country in two years, 1968 and 2018.
In general, it is observed that food was the most expensive in 1968, but in 2018, it was leisure activities. Interestingly, fuel and power were the cheapest in both years.
In 1968, people spent around 8% of their income on leisure activities. The figure increased thrice and became the most expensive in 2018. This paralleled the growth of transport and housing to nearly 15% and 20% in turn. However, the expenditure on buying household furniture remained the same at approximately 7%.
By contrast, other basic needs became affordable in the 21st century. Food was the costliest in 1968 with over one-third of salary, but it fell below 20% by 2018. Similarly, fewer proportions were spent on other things such as fuel, clothing and footwear and personal goods, around 8%, 5% and 4% respectively.
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