Discuss factors affecting food budgeting

Factors Affecting the Budget

Poor families have very low income; hence they spend most or all of their income on basic necessities. Basic necessities include food, clothing and shelter. However when income of the family increases the proportionate amount of income spent on basic needs and wants will diminish simultaneously the amount of income spent on higher level of wants increases and saving will be more.

Expenditure of the family depends upon the size of the family. If the family is large amount spent on the needs of the more members will be more. If the number of members of a family is less the amount spent will be less. The size of the family is indicated by the number of adults and children. Some families have more members and hence the size of the family is large and expenditure is more. While the money spent by a small size family is less with less number of members. The expenditure per capita ________ ____ __________ ____ _____ ______ ____ _____ ______ _________ _______ ____.
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