The provided bar graph illustrates the spending patterns of the average family in a particular country in the years 1968 and 2018. Notably, there have been substantial shifts in expenditure over the decades, with leisure and housing surpassing food as the primary areas of financial allocation.
Overall, the way families spent their income significantly by compared with the past. leisure and housing had overtaken food as the largest areas of expenditure.
In 1968, the , at 35%, was spent on . However, by 2018, this proportion had nearly halved, dropping to approximately 17%. During the earlier period, no other spending category exceeded 10% of the weekly income. In contrast, in 2018, both leisure and housing experienced a noteworthy surge, emerging as the predominant expenditures, constituting around 22% and 19% of family income, respectively.
The allocation for transport also saw an increase, reaching almost 15% of the weekly income. Expenditure on household goods remained relatively constant at around 7%. Conversely, spending on clothing and footwear, fuel and power, as well as personal goods, all witnessed a decline, each representing no more than 5% of the weekly income.
