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

The chart Below gives information about how families in one county spent their weekly income in 1968 and 2018.
In
this
bar chart, we can see how families in a particular country spent their weekly income on average in 1968 and 2018. Briefly, the proportion spent on food declined
singificantly
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significantly
while
spending on leisure and transport
has
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accounted for a greater percentage of the average spend. In 1968, more than a third of the weekly income was utilised for purchasing food. People spent an equal portion of their salaries on housing and clothing
as well as
footwear.
This
was closely followed by expenditure on household goods, personal goods and transport at just under 10% each. Notably, the smallest chunk of the monthly total was spent on fuel and power.
In contrast
to
this
, the proportion of income spent on food in 2018 was almost halved at a little less than 20%.
However
, a greater amount was spent on leisure and transport at 22% and 14%, respectively. On the one hand, a similar fraction was spent on household
good
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goods
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in both 1968 and 2018 but
on the other hand
, personal goods saw a downward pattern. Remarkably, as in 1968, the expense
on
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of
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fuel and power remained the lowest contributor to the weekly spend even in 2018.
Submitted by vinayanand240 on

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Introduction: The introduction is missing.
Introduction: Change the first sentence in the introduction.
Introduction: The chart intro is missing.
Introduction: The chart intro is missing.
Vocabulary: The word "proportion" was used 2 times.
Topic Vocabulary:
  • Weekly income
  • Budget allocation
  • Consumer spending
  • Expenditure trends
  • Historical comparison
  • Economic context
  • Inflation adjustments
  • Financial priorities
  • Cost of living
  • Discretionary spendings
  • Essential necessities
  • Luxury items
  • Technological advancement
  • Income distribution
  • Fiscal habits
  • Societal norms
  • Budgeting differences
  • Monetary trends
  • Purchasing power
  • Spending categories
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