By the Numbers in 1988
World Population
—
UK Life Expectancy
57.9 years
US Life Expectancy
58.3 years
Gold Price (per oz)
$429.32
Dow Jones Index
2,395
US National Debt
—
Sovereign Nations
178
How Much Did Things Cost in 1988?
| Item | UK | US |
|---|---|---|
| Average house price | £49,400 | $91,600 |
| Average salary | £11,500 | $27,300 |
| Pint of milk | 26p | $0.64 |
| Loaf of bread | 47p | $0.59 |
| Gallon of petrol/gas | £1.60 | $0.95 |
| Pint of beer | 68p | $1.50 |
| Dozen eggs | 75p | $0.81 |
| Cinema ticket | £2.50 | $4.11 |
Technology and Inventions in 1988
The first internet worm (Morris Worm) disrupted early internet. Stephen Hawking published 'A Brief History of Time.' Sega Mega Drive launched in Japan. The first transatlantic fibre optic cable was laid.
- ● Morris Worm — first internet worm disrupts 6,000 computers
- ● Stephen Hawking published A Brief History of Time
- ● Sega Mega Drive (Genesis) launched in Japan
- ● First transatlantic fibre optic cable (TAT-8) operational
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