The bar chart illustrates the percentages of a family’s allocation from their weekly wages in two different years, 1968 and 2018. Overall, a significant change occurred in the biggest spending, which shifted from food in 1968 to the budget for leisure in the later period.
In 1968, people spent a significant amount of 35% of their weekly income on buying food, followed by housing, clothing and footwear, and leisure, which accounted for around 10% respectively. While the remaining one-third share was used on transport, personal goods, household goods, and fuel.
However, a major change happened in the following 5 decades, where the highest financial spending was paid for leisure activity, which exceeded 20%, while the food allocation declined to just slightly over 15%, half of the previous period. Whereas the housing and transportation budgets contributed almost 20% each, this number doubled from the previous era. As for household, clothing, and fuel, they appeared to be approximately 15% in total.