MemberJanuary 11, 2022 at 7:39 AM
The chart depicts the percentage of household budget for the essential goods in China for two years mainly in 1995 and 2011.
After observing shrewdly, in 1995 and in 2011 the major portion of the budget goes to Food which constitutes from 50 – 70 percent of the chart .The money spent on Food depleted 9 percent over the years.
Moreover budget was split unequally between Clothing, Medicine and Household goods under both the years.
For instance, Money spent on Clothing had decreased a percent of 1 which was not a drastic change as compared to Medicine which had increased almost 7 percent. Also the budget for Household goods too increased by 4 percent respectively.