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Wat (wie) is Engel"s law - definitie

EMPIRICAL OBSERVATION IN ECONOMICS THAT AS INCOME RISES, LESS IS SPENT ON FOOD

Engel effects; Engel's coefficient law; Engel's curve; Engel law; Engel's coefficient; Engel's Law; Engel Coefficient

Carl Ludvig Engel

GERMAN ARCHITECT (1778-1840)

Johann Carl Ludwig Engel; Carl Ludwig Engel; C L Engel; C. L. Engel; C.L. Engel; CL. Engel; CL Engel

Carl Ludvig Engel, or Johann Carl Ludwig Engel (3 July 1778 – 14 May 1840), was a German architect whose most noted work can be found in Helsinki, which he helped rebuild. His works include most of the buildings around the capital's monumental centre, the Senate Square and the buildings surrounding it.

https://en.wikipedia.org/wiki/Carl_Ludvig_Engel

Antonín Engel

CZECH ARCHITECT AND UNIVERSITY EDUCATOR

Antonin Engel

Antonín Engel (May 4, 1879 – October 12, 1958) was a Czech architect, urban planner and architectural theorist. His most known works are the Prague Waterworks buildingPrague Waterworks in Podolí, the Ministry of Railways and Ministry of Defense buildings and the urban conception of the Prague quarter, Dejvice.

https://en.wikipedia.org/wiki/Antonín_Engel

Johann Friedrich Engel

GERMAN PAINTER (1844-1921)

John Fred Engel

Johann Friedrich Engel (also known as John Fred Engel, April 24, 1844 – March 2, 1921) was a German painter and illustrator. He lived for a time in the United States.

https://en.wikipedia.org/wiki/Johann_Friedrich_Engel

Wikipedia

Engel's law

Engel's law is an economic relationship proposed by the statistician Ernst Engel in 1857. Even though Engel's law was proposed roughly 160 years ago, it holds relevance today in the context of poverty, especially the reduction of poverty. For instance, the lines and rates for national poverty are often determined by the food share of household expenditure.

One definition of Engel's law by the Merriam-Webster dictionary is as follows: "a generalization in economics: such as family income increases, the percentage spent for food decreases, that spent for clothing, rent, heat, and light remains the same, while that spent for education, health, and recreation increases"

A quotation of Engel himself from 1932 reveals the same relationship between income and percentage of income spent on food, but also indicates the application of Engel's Law in measuring standard of living: "The poorer is a family, the greater is the proportion of the total outgo [family expenditures] 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."

https://en.wikipedia.org/wiki/Engel's law