The table depicts the average amount of money spent on different commodities of goods by people of various age groups in the year 2020. The pie chart, on the other hand, illustrates the total percentage of spending on various categories of goods by people of various age groups, consists of 18-55 years.
Overall, the food and health category shows an increase in the amount of money spending from age group of 18-25 years to 46-55 years. Whereas, Clothing, entertainment and education, money spend by age group 18-25 years is higher as compared to 46-55 years.
The table represents the spending of money in US dollars on various categories of goods i.e. food, clothing, entertainment, education, and health. In the category of food, the spending of money substantially increases from the age group of 18-25 years to 46-55 years. Similarly, the health category shows a remarkable increase in the spending of money from the age group of 18-25 years to 46-55 years. In contrast, categories consist of clothing, and entertainment, depicts a substantial decrease on the amount of money spend by the age group of 18-25 years to 46-55 years. Whereas, the spending of money on education is higher in age group consists of 18-25 years and decreases in the age group of 26-35 years. Also, people in age groups 36-45 years and 46-55 years do not spend any amount of money on education.
In terms of pie chart, the percentage of total spending by people of 18-55 years of age on food comprises the higher proportion of 40% of total, followed by health which consists of 20% of total spending. Clothing and education represent a similar composition of 15% each whereas entertainment comprises 10% of the total spending in the year 2020.
