ENGEL'S LAW


Meaning of ENGEL'S LAW in English

ˈeŋ(g)əlz- noun

Usage: usually capitalized E

Etymology: after Ernst Engel died 1896 German statistician and economist

: a generalization in economics: 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

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.