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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 displays how families in a certain country spent their weekly income in the years 1968 and 2018.
Overall, in 1968, families spent the biggest share of their income on food; however, 50 years later it decreased significantly. In 2018, people spent the biggest amount of money on leisure.
In 1968, 63% of families’ weekly income was spent on the basic necessities, whereas in 2018 the sum decreased significantly to 46%. In 1968 citizens spent 35% of their weekly income on food; in contrast, the percentage dropped to around 17% in 2018. As for clothing and footwear, people used to spend 10% of their income, which later declined to 5%. Spendings on household goods remained the same over the given period (with approximately 8%. However, when it comes to housing, citizens spent more in 2018 than in 1968 (around 18% and 10%, respectively).
Nevertheless, the spendings on other necessities rose from 28% to 44%.Citizens used to spend around 6% on fuel and power, but in 2018 the number dropped to approximately 4%. The spendings on personal goods also fell (from around 7% to 4%). In contrast, the quantity of money spent on transport increased significantly from 6% to roughly 15%. The share of the family budgets spent on leisure also rose sharply from 9% to slightly over 20%.
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