The provided charts delineate how much the spending habits of UK residents changed during the year 1971 and 2001.
Overall, in prior year the highest consumption was for food and and lowest for computers. However, in the later year the expense was higest in cars and lowest was books.
Over the period, people’s expenses increased in several fields. In 1971, peoples spend 2% for computers which increased by 10% in 2001. Moreover, peoples expense 14% for restaurants in 2001 which was half of it in 1971. Furthermore, the highest incrasement in consumption can seen for cars which was 22% to 43%
On the other hand, in 2001, people expensed just 1% for books whereas it was 6% in 1971. In addition, in prior year UK residents spend 9% for furniture which is decreased by 1% in later year. However, the highest changes was for petrol, 44% in 1971 that stood at 14% in 2001.
