The provided chart demonstrates the amount of money dedicated to five different products by teenagers aged from 18 to 20 in a typical nation, over two periods 2010 and 2014.
Overall, it is readily apparent that a significant disparity existed in the priority of merchandise, with food consuming the largest portion of budgets, while books were the least preferred products. Another interesting point is that over time, there was a shift in the youth’s priorities as food and smartphones became even more important, whereas a decline in book sales was noticeable, reflecting the growing need to be fashionable and up-to-date.
In 2010, the largest amount of money was allotted to food, at over 3500 million dollars. Clothes followed at approximately 2500 million, which was slightly ahead of smartphones and toiletries, with roughly 2000 million each. By stark contrast, the figure for books were negligible at only 1000 million.
The following 4 years witnessed some dramatic developments, with money spent for food increasing, reaching its peak at nearly 4500 million. A similar, albeit less pronounced, pattern can be seen in smartphones and toiletries, whose budgets expanded to 2700 and 2000 million respectively. while the preference for clothes remained stable, at 2500 million, a substantial decline was recorded in book sales, plunging to 500 million.