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.
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These are some quotes by German author Ernst Engel Economist, who lived between March 26, 1821 and December 8, 1896.