PraneethMemberMay 25, 2022 at 11:39 AM
The pie charts depict the average household budget for purchasing the basic necessities for different categories in china. These are calculated in the two years 1995 and 2011.
Overall, the food section holds the largest consumer of the budget in both charts, over the period of time, after food, clothing is followed as the major necessity, while the remaining categories, household goods, and medicine consume much less.
First of all, the percentage of food has drastically decreased over the period of 1995 to 2011 from 68% to 58% which was significantly a high loss. Whereas the second most consumer does not show any rapid changes, instead maintained the consumption rate with a minimal drop of 1 percent.
Inversely, the expenditure on medicine has elevated from 4% in 1995 to a notable percent 11% in 2011, While the household goods showed a balanced change from 9% to 12% over the period of time.