By the Numbers in 1929
World Population
—
UK Life Expectancy
51.1 years
US Life Expectancy
52.3 years
Gold Price (per oz)
$20.58
Dow Jones Index
33
US National Debt
—
Sovereign Nations
55
How Much Did Things Cost in 1929?
| Item | UK | US |
|---|---|---|
| Average house price | £450 | $6,000 |
| Average salary | £160 | $1,450 |
| Pint of milk | 2d | $0.07 |
| Loaf of bread | 3½d | $0.09 |
| Dozen eggs | 1s 6d | $0.51 |
| Pint of beer | 4d | Prohibited |
Technology and Inventions in 1929
The stock market crash overshadowed everything else, but technological progress continued. The first Academy Awards were held. Car radios were introduced by Motorola. The BBC began experimental television broadcasts. The Graf Zeppelin completed a circumnavigation of the globe. Frozen foods were being developed commercially by Clarence Birdseye.
- ● First car radio introduced by Motorola (originally Galvin Manufacturing)
- ● BBC begins experimental television broadcasts
- ● Graf Zeppelin completes round-the-world flight in 21 days
- ● Clarence Birdseye launches commercially frozen foods
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