The bar chart illustrates the expenditures by people aged 18-20 on five different product categories from 2010 to 2014.
Overall, while an upward trend was seen in the amount of money spent on food, smartphones, and even toiletries, the reverse was true for the figure for books. Notably, the total expenditures on clothes are still unchanged in the given period. It is remarkable that the spending on food was always the highest compared to all other factors in both years.
In 2010, young people aged 18-20 spent about 3.7 billion dollars on food; however, the amount increased afterwards, reaching under 4.5 billion dollars in 2014. In contrast, books received the lowest amount of money spent in both years, with only 1 billion dollars in 2010, which then declinded by half in 2014.
Also, a significant amount of money was used for clothes, smartphones, and toiletries. In 2010, under 2 billion dollars was spent on toiletries; the figure increased to 2 billion in 2014, matching the level of clothes. Lastly, the spending on smartphones in 2010 was the same as on clothes, before increasing to approximately 2.7 billion in the last year.