The chart presents a detailed overview of the percentage of weekly income spent on various purposes by each family in a country in 1968 and 2018. In general, families primarily focused their weekly wages on essential daily meals in 1968.
However
, over the subsequent four decades, there was a noticeable shift in priorities, with a leading preference for investing in leisure activities.
Linking Words
According to
the data, 35% of the weekly income was allocated to food, compared to only 10% for housing and outfits in 1968. In the meantime, spending on other categories - including fuel and power, household and personal goods, transport, and recreational activities - varied between 6% and 8% during Linking Words
this
period.
When considering the year 2018, the top priority was leisure, with about 23% of the weekly wages. Notably, consistent with the pattern in 1968, housing remained the second-largest expenditure, constituting nearly 20%. Regarding food, the country witnessed a significant fall in spending on food, decreasing by 15%. Meanwhile, the demand for transport increased considerably, by virtually 7%. For the remaining purposes, encompassing fuel and power, clothing and footwear, household and personal goods, they comprised under 10% of total weekly income.Linking Words
Mads