By the Numbers in 1908
World Population
—
UK Life Expectancy
48.3 years
US Life Expectancy
48.8 years
Gold Price (per oz)
$20.65
Dow Jones Index
85
US National Debt
—
Sovereign Nations
51
How Much Did Things Cost in 1908?
| Item | UK | US |
|---|---|---|
| Average house price | £170 | $3,150 |
| Average salary | £61 | $495 |
| Pint of milk | 1½d | 4¢ |
| Loaf of bread | 2½d | 6¢ |
| Dozen eggs | 9d | 17¢ |
Technology and Inventions in 1908
The Ford Model T went into production, eventually selling 15 million units. The Tunguska event in Siberia was the largest impact event in recorded history. The gyrocompass was invented. The first commercial oil strike in the Middle East occurred in Persia.
- ● Ford Model T goes into production
- ● Oil discovered in Persia (modern Iran) by the Anglo-Persian Oil Company
- ● Fritz Haber demonstrates the Haber process for synthesising ammonia
- ● Gyrocompass invented by Hermann Anschütz-Kaempfe
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