The graph below gives information about how much people in the United States and the United Kingdom spend on fuel.
The graph consisting of two main lines shows detailed information in the percentage of American and British people’s expenditure on gasoline sorted out per income class, ranging from the poorest to the richest.
Overall, the two superpower countries share a contrasting pattern of fuel spending with a glaring wide gap in the poorest class and are inclined to fill in the gap in other next classes.
The poorest class witnesses a significant difference in how Americans and British spend their money on petrol. The US people allocate around 4 to 5% of their income for purchasing fuel, while the UK people, as the antithesis, only cash out 0.5 to 2.2% of their total income for this category.
However, compared to the previous class – the poorest, the richest-income group in both nations spends a somewhat similar rate. The wealthiest Americans only use their 2.2% to only 3.7% of their money for fuel, showing a drastic decline compared to the country’s poorest and middle-income segment. The UK draws an increase in spending for petrol at around 3%, thus signifying that the richer the UK people are, the more money they expend on fuel, which contradicts the US pattern
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2021-11-21 | Elahe Rasooli | 11 | view |
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2021-06-28 | Raman789 | view | |
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