By the Numbers in 1902
World Population
—
UK Life Expectancy
47.5 years
US Life Expectancy
47.7 years
Gold Price (per oz)
$20.66
Dow Jones Index
74
US National Debt
—
Sovereign Nations
50
How Much Did Things Cost in 1902?
| Item | UK | US |
|---|---|---|
| Average house price | £155 | $2,900 |
| Average salary | £57 | $465 |
| Pint of milk | 1½d | 3¢ |
| Loaf of bread | 2½d | 5¢ |
| Dozen eggs | 8d | 15¢ |
Technology and Inventions in 1902
Air conditioning was invented by Willis Carrier. The first Aswan Dam was completed in Egypt. Automobiles were becoming slightly more common but still unreliable and expensive. The transatlantic cable network continued to expand.
- ● Willis Carrier invents modern air conditioning
- ● First Aswan Dam completed on the Nile
- ● Valdemar Poulsen patents the arc transmitter for radio
- ● Meccano construction toy patented by Frank Hornby
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