the chart below gives information about how families in one country spend their weekly income in 1968 and 2018
summarize the information by selecting main features and make comparisions.
The chart here discuss about how the families from 1968 and 2018 have spend their weekly income. Households need a expenditure to spend for their needs and the matter here is about their investment on weekly basis.
As the overview of chart describes, There is drastic decrease in food, fuel and power, clothing and footwear, personal goods in 2018 compared to 1968 where as housing, transport, leisure expenditure has increased compared to 1968 than in 2018 but there has been no change of increase and decrease in spent of income on households.
In 2018 the food has decreased to 60%, fuel and power got down to 40%, clothing and footwear, personal goods reduced to 50% however the households has remained constant. The family expenditure on these have decreased compared to 1968.
In 1968 the income spent on the housing was 45% less, transport expenditure was 35% less and leisure was 40% less compared to the 2018. the income spend on these have increased in 2018 compared to 1968.
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