Household Finances and Expenditures: Understanding the Key Factors
The nutshell graph illustrates the average allocation of household income across key expenditure categories based on annual data from Filipino households incomes and expenditures. Notably, a significant portion of household income is allocated to food and water expenditures.
This study aims to identify the expenditures that heavily affect a household's financial status and determine the effect of having businesses or employment wages to a households' overall financial status.
Project by
Happiness
J.N. Pecson
B.J. Riña
W.R. Partosa
Class
🌱 WFV Spring & 🍂 WFY Autumn
As Population Booms, Poverty Looms: Regional Population and Poverty (2020)
The plot consists of a bar graph depicting the total population per region and a line graph showing the magnitude of poverty per region. The data on the level of urbanization of each region was utilized to classify areas as either urban or rural.
As seen in the bar graph, urban regions have a higher overall population. One of the reasons could be due to the influx of individuals moving to cities in search of better employment opportunities. However, urban regions also have a larger number of residents living in poverty. This suggests that for all opportunities urban regions provide, it also comes with major challenges, such as higher cost of living, trapping Filipinos in poverty.
On the other hand, rural areas, while having smaller populations, tend to experience less poverty. Overall, this graph shows the need for effective poverty alleviation programs that specifically address the diverse and complex challenges faced in urban and rural settings.
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| Title | Project by | |
|---|---|---|
Household Finances and Expenditures: Understanding the Key Factors | Happiness J.N. Pecson, B.J. Riña, W.R. Partosa | |
As Population Booms, Poverty Looms: Regional Population and Poverty (2020) | Navis A. Cajandab, A.A. Go, M.A. Laviste, P.J. Montecillo | |