The pie charts illustrates the evolution of spending habits among the people of the United Kingdom between 1971 to 2001.
In the early 70s, people used to spend most of their money on traditional categories. As the years passed by, a notable difference in these habits were seen. In 2001, people were most interested to spend on technology and automotives rather than petrol and furniture.
In 1971, British people prominently spent their money on petrol, accounting for 36%. The second most spent category is furniture, constituting 32%. This shows buying home furnishing was like a hobby for them at that time. A significant amount of their money was going to restaurants also, which was 25% of total. Computers only contributed 7% of the expenditure.
A notable shift was observed after three centuries, now people were more into buying automotives, cars contributed an astounding amount of 43% in overall expense. By time, British people grew more fascination towards technology which led to an increase in the buying of computers by 5%. The books only accounted for mere 1%. The old categories like petrol and furniture dwindled to only 8%. Restaurants also dipped to 14% from 25%, this shows people were now preferring less to eat out. An additional new category of Food constituted 14% of total expenditure.
