By the Numbers in 1927
World Population
—
UK Life Expectancy
50.9 years
US Life Expectancy
52.1 years
Gold Price (per oz)
$20.61
Dow Jones Index
42
US National Debt
—
Sovereign Nations
55
How Much Did Things Cost in 1927?
| Item | UK | US |
|---|---|---|
| Average house price | £400 | $5,500 |
| Average salary | £140 | $1,350 |
| Pint of milk | 2d | $0.07 |
| Loaf of bread | 3½d | $0.09 |
| Dozen eggs | 1s 5d | $0.48 |
| Pint of beer | 4d | Prohibited |
Technology and Inventions in 1927
The biggest technological leap of the year was in cinema — The Jazz Singer introduced synchronised dialogue, signalling the death of silent film. Charles Lindbergh's solo transatlantic flight demonstrated the potential of aviation. The BBC was granted a Royal Charter. The first transatlantic telephone call was made between London and New York.
- ● The Jazz Singer introduces synchronised dialogue to cinema
- ● Charles Lindbergh completes first solo transatlantic flight
- ● First transatlantic telephone call between London and New York
- ● BBC granted a Royal Charter, becoming a public corporation
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