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Ernst Engel Quotes


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Quotes by Ernst Engel

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The poorer is a family, the greater is the proportion of the total outgo which must be used for food... The proportion of the outgo used for food, other things being equal, is the best measure of the material standard of living of a population.

~Ernst Engel

Topics: Being Best Equal Family Food Greater Living Material Measure Must Other Poorer Population Proportion Standard Things Total Used Which

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

~Ernst Engel

Topics: Affects Demand Employment Expenditures Food Incomes Patterns Products Resulting Rising Share Shift Structures

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Biography

Nationality: German

Type: Economist

Born: March 26th, 1821

Died: December 8th, 1896

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