The given chart illustrates the proportion of families’ spending their weekly earning in a country, in 1968 and 2018.
Looking from an overall perspective, it is readily apparent that the maximum amount of families’ weekly income was spent on food in 1968 and on leisure in 2018.
Looking into details, families spent 35% of their weekly earnings on food, in 1968, whereas in 2018, more than 15% was spent. In housing, however, people used to spend 10% of their money per week, which increased considerably in 2018, becoming less than 20%. In addition to this, fuel and power was cheaper, as nearly 5% of their income was used in both years.
On the other hand, in 1968, clothing and footwear cost 10% of their earning, which declined by 5% in 2018. Furthermore, people used to spend less than 10% in household goods, in both years. Subsequently, in 2018, on personal products, transportation and leisure activities, families spent under 5% and 15%, and above 20%, respectively. Contrariwise, in 1968, these values were less than 10% in these three categories.
