The bar chart illustrates how earnings were spent by families on 8 different categories per week, in a specific nation between the years 1968 and 2018.
Overall, over the 50-year period, a dramatic decrease can be seen in the weekly expenditure on food, whereas the cost of housing, transport and leisure have increased significantly. The amount of money that was spent on household goods remained steady throughout the period given.
According to what is shown, exactly 35% of the income was spent on food in the first year, and it dropped to around 16.5 % in 2018. Likewise, in 1968, families allocated 6% of their revenues for fuel and power, which showed a slight fall of about a mere 2% to 4 percent in 2018. The amount of money spent on clothing and footware experienced a twofold decline from 10% in 1968 to 5% in 2018.
At the beginning of the period, housing made up one-tenth of the spending, and this figure rose to less than 20 percent in 2018. Transport and leisure accounted for 8% and 9% of weekly spending resepectively, and experienced a growth to around 14 percent and 22 percent, at the end of the period.
