The chart illustrates information about the proportion of people’s total expenditure on different commmodities and services in a particular European country in 1998 and 2008.
From an overall perspective, there are two charts depicting people of specific European country, who had spent money on different commodities and services which are holiday, clothing, eating out, electronic goods, newspaper/magazine, going to cinema, in 1998 and 2008, respectively.
Relevantly in the year 1998, many citizens have spent approximately $8 million on holidays as people crave to spend free time with their families. Furthermore, a great amount of money approximately $12 milllion had been spent in the portion of cloths, as people want to be a part of their fashion era, but eating out has always been an enjoyment to the people for entertainment, which led in the contribution of $6 million in this specific portion. Moving onwards, the commodities which have immense hold in the expenditure of people’s money are electronic devices, which had contributed $16 million, but services like newspaper/magzine and cinemas had contributed the least in the chart, which is $3 million in each services.
However in the year 2008, chart had a significant change of money such as the spending on holidays vacation had been decreased to $5 million, but the portion of clothing observed a massive growth in the industry, which was $18 million in a year; thus, eating out remained at its stable economy of $6 million. Moreover, it is observed that electronic goos have been a portion where people are attracted the most in comparison of other commodities and services, because electronic devices had always helped the people by making their work easier, which is why the total spending increased to $20 milllion; similarly, the services of newspaper/magzine and cinema remained as the lowest contributing portion among other portion, which is $3 million, because people prefer to watch news and movies on television or smartphones whilw sitting at home.