By the Numbers in 1923
World Population
—
UK Life Expectancy
50.4 years
US Life Expectancy
51.6 years
Gold Price (per oz)
$20.65
Dow Jones Index
59
US National Debt
—
Sovereign Nations
55
How Much Did Things Cost in 1923?
| Item | UK | US |
|---|---|---|
| Average house price | £330 | $4,400 |
| Average salary | £115 | $1,260 |
| Pint of milk | 2d | $0.07 |
| Loaf of bread | 3½d | $0.09 |
| Dozen eggs | 1s 3d | $0.50 |
| Pint of beer | 3½d | Prohibited |
Technology and Inventions in 1923
Radio sets were flying off shelves. The first neon advertising sign appeared in the US. Frozen food technology was being developed by Clarence Birdseye. Le Mans held its first 24-hour motor race. The first transatlantic radio broadcast took place. Autogiros (precursors to helicopters) made their first flights.
- ● First neon advertising signs appear in the United States
- ● Clarence Birdseye develops commercial frozen food process
- ● First Le Mans 24-hour motor race held in France
- ● Vladimir Zworykin patents an early electronic television system
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