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... > social science subjects > business and management > marketing (business) > consumer culture > concepts in consumer culture > engel's law

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engel's law  

Definición

  • 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]

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http://data.loterre.fr/ark:/67375/N9J-NZ7TMSQJ-0

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