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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 bar chart illustrates how families in one nation spent their weekly pay over a two-year period in 1968 and 2018.
Overall, different percenatage of weekly income spent by families on different categories. Families spent most on food in 1968 whereas its position took by leisure in 2018.
What stands out from the graph is that 35% of weekly income spent on food in 1968 and it saw a significant decline, reaching nearly 17% in 2018. Spending on clothing and footware went down to 5% in 2018 from 10% in 1968. A dip of 4% can be seen in the spending of personal goods from about 8% to reaching approximately 4%, which is the same to Fuel and power spending in 2018.
Leisure reach the peak and became the the number one category consuming income. It reached approximately 23% in 2018 from a little below 10% in 1968. Housing and transport also exhibits a considerable increase in spending from 10% and nearly 8% to roughly 18% and 14% respectively whereas spending on houshold goods were remained steady at around 8.5%.
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