The pie graphs provide information about the mean spending of households in a country in 1950 and 2010. Overall, the data shows that spending behavior increased in several categories such as food, health care, transportation, and other, while housing and education experienced a slight decrease over six decades.
From 1950 to 2010, the proportion of spending on housing had experienced a dramatic shift, from 72,1% down to 22%. In the same trend, 6,3% of household expenditures were used for education, which fell slightly from 6.6%.
In that frame of time, spending behavior increased across the remaining categories. Remarkably, expenditures on food and other had a noticeable surge, from 11,2 % to 34% for food and 4,4% to 19.2% for other. Additionally, households allocated a higher proportion of spending to transportation, which has pushed the percentage of transportation spending from 3.3% to 14%. Lastly, health care saw a modest rise to 4.5%, which was 2.4% initially.
