The line chart depicts the comparative analysis of weekly spending by families in one country in 1968 and 2018. Overall, the food expenditure predominated in both years among other fees, while fuel & power played the least vital role with the least significant portion.
In 1968, families allocated the majority of their weekly income to food, constituting 35%, followed by housing, transport, and leisure, each accounting for approximately 10%. However, the graph exhibited a significant decline in the percentage of income spent on food, decreasing by over 15% by 2018. The opposite trend was true with housing, transport, and leisure expenditures because it increased dramatically to nearly 20%, 15%, and over 20%, respectively.
On the other hand, spending on other categories had a modest starting point, averaging around 10% of weekly family income in 1968. Conversely, most categories, except household goods, experienced a noticeable drop in 2018, falling to below 5%, while fuel & power and private products fell to 5%. In contrast, the expenditure on household products remained stable throughout 50 years, showing no change.