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The image presents a bar chart comparing average weekly spending by families in percentages of weekly income on different categories for the years 1968 and 2018. In 1968, the expenditure percentages for various categories are as follows: Food (approximately 23%), Housing (roughly 7%), Fuel and power (close to 5%), Clothing and footwear (about 8%), Household goods (nearly 4%), Personal goods (around 2%), Transport (just over 5%), and Leisure (slightly more than 2%). For the year 2018, the spending percentages for the same categories are: Food (approximately 8%), Housing (about 30%), Fuel and power (close to 2%), Clothing and footwear (around 3%), Household goods (nearly 3%), Personal goods (approximately 3%), Transport (about 15%), and Leisure (roughly 10%). The chart illustrates a significant decrease in the percentage of income spent on food, fuel, and power from 1968 to 2018, with an increase in spending on housing, transport, and leisure in the same period.
Given the complexity of the image, the above description may not be entirely accurate.
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The given bar chart shows statistics on the family expenditure during the years of 1968 and 2018. The figures are given as percentages of weekly income. Overall, it is clearly seen that priorities have changed dramatically from basic human needs to sophisticated ones.
Firstly, it is noticeable that preferences among families have slightly changed. Most of people’s income in 1968 was spent on food (35%), while leisure (approximately 23%) achieved the highest score in 2018. The other leading positions in 1968 are taken by housing (10%). Modern families, on the other hand, prioritise housing (about 18%) and food (almost 17%).
Secondly, the least amount of money in 1968 was spent on fuel and power (over 7% in a week). In 2018 this category of comparison experienced slight decrease, reaching over 5%. One of the smallest expense category for families in 1968 turns out to be personal goods (less than 5%), while in 2018 we can witness double reduction of this proportion. It is quite remarkable that in both periods the household goods expenses did not experience any fluctuations (about 8%).
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