Quote by: Ernst Engel

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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Author Bio


  • NameErnst Engel
  • DescriptionGerman statistician and economist
  • BornMarch 26, 1821
  • DiedDecember 8, 1896
  • CountryGermany
  • ProfessionEconomist; Statistician