The bar chart provides the necessary information about the weekly income spending by families between the years 1968 and 2018.
Overall, the highest expenditure was consumed by food in the initial year, whereas fuel and power and personal goods had the least consumption of income.
In 1968, it seemed that food covered the highest income from the eight different expenditure categories. Secondly, housing and clothing and footwear were a close second highest. The other five parts of expenditure consumed similar income, except for the expenditure on fuel and power, which was the least among the others.
Similarly, families spent the highest money on leisure in the year 2018, while fuel and power and personal goods were the least income spending items for the rest of the expenditure categories as well.
Moreover, 30% of income was consumed by food in 1968, while around 25% of income was consumed by leisure in 2018, which was the second highest spending item for the week. The overall trend in both years appeared to fluctuate, and in 2018, the families had spent more money compared to 1968.
