What does Engel's coefficient mean?

The stem refers to the current situation of contemporary young people and the percentage of some things in their lives.

Engel's coefficient refers to the proportion of household food expenditure to total consumption expenditure, and many netizens will use it to compare their lives. 100% in this stalk means that netizens have their own money to eat, and they will have a good meal no matter what problems they encounter.

Reward yourself when you are in a good mood and comfort yourself when you are in a bad mood. So, whatever the reason, I will reward myself. In general, I just want to reward myself for not doing anything.

The source of Engel's coefficient

Engel's coefficient is a proportional number according to Engel's law. /kloc-In the middle of the 9th century, German statistician and economist ernst engel investigated the consumption of Belgian families with different incomes, studied the influence of income increase on consumption demand and expenditure composition, and put forward a regular principle named Engel's Law.

Its main content is that the less the family or individual income, the greater the proportion of family or individual income spent on subsistence food.

For a country, the poorer a country is, the greater the proportion of the average expenditure of each national is spent on food. Engel's coefficient is ultimately determined by the proportion of food expenditure to total expenditure. Engel's coefficient poverty is above 59%, food and clothing is 50-59%, well-off is 40-50%, rich is 30-40%, and the richest is below 30%.