Ernst Engel: With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures.

With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures.

-- Ernst Engel


		Name: Ernst Engel Type: Economist Nationality: German Birth: March 26, 1821 Death: December 8, 1896

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