The bar chart illustrates how families in one nation spend their weekely income in the year 1968 and 2018.
Overall, food accounted for the largest expenditure of income in 1968. However, Leisure makes the largest share of expenditure in the 2018. Expenditure on housing also increased. Meanwhile, fuel and power, Clothing and footware, transport, personal goods goes declined.
In 1968, expenditure on food makes the largest share by 35% in 1968. Similarly, housing accounted for the largest expenditure by families with 10% in the year intial year. Meanwhile, clothing and footware makes around 10% which is just equal with the housing. Likewise, household goods and personal goods with 9% and transport almost with the 8% and fuel and power accounted for the least proportion of expenditure around 5% respectively.
In 2018, the pattern has changed considerably where, leisure accounted for the largest expenditure at 22% followed by housing with 19%. Moreover, transport also increased significantly from 9% to 14%. Fuel and power, personal goods was decreased slightly over the period by 2% in both item in 2018. Similarly, food and clothing and footware also goes decreased and reach 23% and 5%. Household goods changed only slightly decreasing to around 6%.
