The graphs compare the spending habits of people in Britain in 1971 and 2001.
It is clear that there are significant changes to how people spend their income. Firstly, households spent less on buying food in 2001 compared to in 1971. On the other hand, more expenses are being paid on getting a car. The proportion remained relatively indifferent for the petrol, dining, and furniture.
In 1971, food took up almost half the total spending, followed by spending on cars and petrols at 22% and 10% respectively. The spending on other types of activities does not exceed 10% of the total budget, with computers being the smallest at 2%.
In 2001, car spending increased sharply to 43%, taking up by far the largest percentage of people income. Similarly, people tend to spend more on computer products, as the proportion increased by six times in a period of 30 years. Oppositely, money spent on food has taken a sharp decline to 14%. However, the amount spent on furniture, restaurant and petrol remain at a similar level at 9%, 7% and 10% respectively.
