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The image shows a bar chart comparing families' average weekly spending in 1968 and 2018, with seven categories: food, housing, fuel and power, clothing and footwear, household goods, personal goods, transport, and leisure. In 1968, food took the highest percentage of income at nearly 35%, while in 2018, it decreased to approximately 15%. Housing costs rose from around 15% to over 25%, and transport also increased significantly, from about 10% to over 30%. All other categories saw minimal changes, with fuel and power, clothing and footwear, personal goods, and leisure all remaining below 10% in both years, and household goods around 5%.
Given the complexity of the image, the above description may not be entirely accurate.
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The chart illustrates the expenditure of the average household’s weekly income in a nation in 1968 and 2018.
Overall, there were several changes in a way people spent their money during the period. Also, it is notable that the amount of money spent on leisure and housing overtook food as the most significant sectors in 2018.
In 1968, 35% of the weekly income was spent on food, but the number fell to nearly half by 2018. Meanwhile, housing and leisure accounted for no more than 10% in 1968, however they increased to approximately 18% and 22% respectively in 2018, outracing the amount of money spent on food.
The proportion of expenditure on transport rose from around 8% to 14%, while that of household goods remained the same at about 7%. In contrast, spending on fuel and power, clothing and footwear, and personal goods experienced a decline, not exceeding 5% of weekly income in 2018.
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