The chart below shows the expenditure on three categories among different age groups of residents in the UK in 2004.

The chart below shows the expenditure on three categories among different age groups of residents in the UK in 2004.

The given column graph compares the amount of money spent by five age groups of the British citizens on three different items, in the year 2004.

Overall, it is observed that as age advanced, the spending priorities of people changed. The under 30 age group gives much importance to the Hotel and Restaurant. However, older age groups spent more on food and drink and entertainment.

It is vivid from the graph that the spending went on food and drinks in most age groups, except for the under the 30s and those between 61 and 75 years of age. Expenditure on restaurant and hotel was almost similar among all age groups below 60 years. They spent 12-14% in this sector. The 61 -75 and the 76 + age groups spent 2% and 7% respectively on restaurant and hotel. The under 45s spent lesser on entertainment than on restaurant and hotel, but the vice versa was true for all the other given age groups. The 61-75 years olds showed the highest discrepancy in their spending on these two areas. They spent 2% and 23% for restaurant and hotel, and entertainment respectively.

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