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.
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The bar chart illustrates how the members of a family in the nation spent their revenue per week in the years 1968 and 2018. there are eight categories which comprise the following food, housing, fuel and power, clothing and footwear, household goods, personal goods, transport, and leisure. After analysis, it can be seen clearly that, after the beginning of the period people spent a lot of money on their food which is around 35%,
however
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, it remained approximately at half of the rate after 50 years.
Moreover
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, fuel and power were consistently the lowest at 6% and 4% in 1968 and 2018 respectively,
in addition
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, housing, clothing, and footwear were at the same rate at 10% and the income which was bought on household goods stayed at the same at 8% during the given period.
Conversely
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, leisure food and housing which over 15% of spending weekly in 2018,
whereas
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there was only 14% and 4% for transportation and personal growth.
Submitted by hadiashahid331 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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