Concept information
Preferred term
engel's law
Definition
- Engel's law is the name that has been given to a robust relationship between income levels and expenditure on food first discovered by the German statistician Ernst Engel. In its most basic form, Engel's law states that, other things being equal, the share of the household budget spent on food will rise as household income falls. [Source: Encyclopedia of Consumer Culture; Engel's Law]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-NZ7TMSQJ-0
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}