By the Numbers in 1922
World Population
—
UK Life Expectancy
50.3 years
US Life Expectancy
51.5 years
Gold Price (per oz)
$20.67
Dow Jones Index
63
US National Debt
—
Sovereign Nations
55
How Much Did Things Cost in 1922?
| Item | UK | US |
|---|---|---|
| Average house price | £320 | $4,200 |
| Average salary | £110 | $1,250 |
| Pint of milk | 2d | $0.07 |
| Loaf of bread | 3½d | $0.09 |
| Dozen eggs | 1s 3d | $0.47 |
| Pint of beer | 3½d | Prohibited |
Technology and Inventions in 1922
Radio was the wonder of the age. The BBC began broadcasting on 14 November 1922. The first issue of Reader's Digest was published. Insulin was first used to treat a diabetic patient. The automobile industry was booming, and the first shopping mall opened in Kansas City.
- ● BBC begins radio broadcasting from Marconi House, London
- ● Insulin first administered to a human diabetic patient
- ● First aircraft carrier, HMS Argus, fully operational with the Royal Navy
- ● Country Club Plaza opens in Kansas City — first shopping mall
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