The chart below gives information about how families in one country spent their weekly income in 1968 and in 2018.

The chart below gives information about how families in one country spent their weekly income in 1968 and in 2018.
The graph compares the average weekly expenditure on 8 different activities in families between 1968 and 2018. The proportion of spending on Food was the highest among all activities in 1968 at 35%,
while
the percentage in 2018 was lower by approximately 17%.
Next,
Clothing and footwear were much more popular in 1968 than in 2018 (10% and 5% respectively).
Similarly
, around 8% of weekly income had been used on personal goods, twice as high as the data in 2018.
In addition
, they preferred to spend on Fuel and power in 1968 at 6% than in 2018 at 4%. Leisure,
by comparison
, attracted more individuals in 2018 than in 1968, spending 22% and 9% respectively. Meanwhile, Housing was one of the most appreciated options in 2018, doubling to roughly 20% from 10% A similar pattern was seen in Transport, which cost 14% of weekly spending in 2018 and 9% in 1968. Yet, there were no changes in the cost of buying household goods, steadily keeping at 8% in 1968 and 2018.
Overall
, Food was the most important spending in 1968,
whereas
Leisure overweighted to become the most popular activity after four decades.
Besides
, the expense of other events has fluctuated for a small range.
Submitted by zdq on

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Topic Vocabulary:
  • Weekly income
  • Expenditure
  • Consumption patterns
  • Cost of living
  • Discretionary spending
  • Inflation
  • Economic indicators
  • Demographics
  • Socio-economic factors
  • Technology advancements
  • Government policies
  • Consumerism
  • Lifestyle changes
  • Fiscal habits
  • Budget allocation
  • Financial priorities
  • Societal trends
  • Purchasing power
  • Income distribution
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