By the Numbers in 1918
World Population
—
UK Life Expectancy
49.8 years
US Life Expectancy
50.9 years
Gold Price (per oz)
$20.68
Dow Jones Index
75
US National Debt
—
Sovereign Nations
54
How Much Did Things Cost in 1918?
| Item | UK | US |
|---|---|---|
| Average house price | £300 | $3,500 |
| Average salary | £95 | $700 |
| Pint of milk | 3½d | 10¢ |
| Loaf of bread | 5d | 9¢ |
| Dozen eggs | 2s | 48¢ |
| Pint of beer | 4d | 5¢ |
Technology and Inventions in 1918
Four years of war had transformed technology. Aircraft had evolved from fragile scouts to formidable fighters and bombers. Tanks were now a decisive battlefield weapon. Radio communication was widespread in military use. Medical advances in surgery and blood transfusion saved countless lives.
- ● The Royal Air Force formed on 1 April as the world's first independent air force
- ● Regular airmail service began between Washington D.C. and New York
- ● The superheterodyne radio receiver invented by Edwin Armstrong
- ● Mass production techniques refined during the war transformed post-war manufacturing
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