The provided chart precisely illustrates the percentage of expenses on variety of sectors in one European nation in the year of 1958, and in 2008.
Overall, the largest expenses spent on clothing, while the least percentage allocated for luxury goods in 1958, this trend completely changed in 2008, housing was the highest expenses, whist transportation was the lowest expenditure.
To begin with, 32% of wages allocated on clothing in 1958, represents the highest expenses, which was reduced by 20% after the stx decades. Food and luxury goods expenses relatively equal in 1958, which was experienced a substantial escalation in 2008(17%). In the given period of time, entertainment accounted for 18%, 16% respectively.
Regarding the pie chart, housing hold the largest proportion of income in 2008 at 32%, which increased by 10% after 60 years. Transportation was the lowest expenses in 2008 at 67%, considerably diminished from 1958 expenses. Food and entertainment hold almost equal expenses
In summary, the percentage for each sectors in 1958, has completely changed according to every one’s needs.
