Engel's laws state that as a family's income increases, the percentage spent on food will decrease but the percentage spent on housing and household operations will remain roughly constant.

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Engel's laws describe a general observation that as a family's income increases, the proportion of income that is spent on food decreases, while the proportion spent on housing and other non-food items remains roughly constant or may even increase slightly. This pattern has been observed in many different countries and over long periods of time. However, it is important to note that Engel's laws are based on averages and do not necessarily apply to every individual or family.

Engel's Laws State That as a Family's Income Increases, the Percentage