Overall, it is clear that people spent majority of their income on the food in 1971, whereas in 2001, cars grabbed their concentration. However, the food, furniture, and the fuel were paid less over the period.
In the year 1971, the majority of the people’s income was catered to food which is about 44%. In contrast, the expenditure made on cars was half of that on food and double to that of the spendings on petrol. In addition, the UK population purchased books(6%), computers(2%), furniture(9%), and about 7% of the amount was paid to the restaurant services.
By the year 2001, the situation was reversed in case of cars and food purchases, cars were spent three times more than the food. The money spent on computers was augmented by about six times whereas in case of the restaurant services it was doubled. Moreover, books were the least spent item by the end of the period with about 1% spendings.