Dictionary
Thesaurus
Encyclopedia
Translator
Web

engel's law

 - 1 dictionary result

Engel's law

–noun
the assertion that the percentage of a family's income spent on food decreases as its income increases.

Origin:
named after Ernst Engel (1821–96), German economist
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To engel's law
Search another word or see engel's law on Thesaurus | Reference
FacebookTwitterFollow us: