MemberSeptember 11, 2022 at 12:42 PM
The provided pie charts compare the percentages of household budget for necessities, namely food, clothing, medicine, and household goods in China during the years,1995 and 2011.
Overall, it is evident that for both the years, the outlay on food and clothing shown a downward trend and the rest had an upward trend, yet the former remained as the highest of the whole budget share in both the given years. Medicine category, and homely goods, on the other hand, had some considerable increase as well.
Over the giver 16-year period from 1995, food and clothing expense, though decreased, the most measurable household-expenditure was contributed by food items even after a reduction of 9% budget use from 68% of Chinese total home budget Similarly, the attires used 19% of household income in 1995, which then followed a drop by 1% 2011.
In contrast to the aforementioned, the budget usage on household goods and medicine categories had spent 9% and 4%, respectively during the year 1995, and which then surged to 11% and 12%, accordingly by 2011.