The provided pie charts demonstrate the people spending their money on various items and services in European nations during 1958 and 2008.
Overall, at the beginning of the period luxury goods contributed to the least, while housing was the most significant economic sector. In comparison, at the end of the period housing became the largest segment, and lowest contribution was made by entertainment.
People spending on housing was accounted for 22 percent in 1958, and experienced an gradual increase to 32%. Furthermore, commodities of travel/transport was 8% in 1958 and had a quick growth of 9% in 2008. At the beginning of the year, spending on luxury goods contributed only 7%, then in 2008, it increased and reached up to 17%.
Individuals expenses on food was recorded for 32% in 1958, fell down to 12% in 2008. Similarly, clothing contain higher percentage, with 18% in starting year, then it showed slight decrease in proportion of only 2%. Additionally, the remaining one entertainment, it contained 13% in beginning and falls down to 6% at the end.