In 1949 William Hannah became the third partner in a Studebaker dealership…
Here’s what else happened that year and if you catch your jaw dropping, it’s normal.
Enjoy,
Simone
How Much things cost in 1949
Yearly Inflation Rate U.S.A. -0.95% UK 2.6%
Average Cost of new house $7,450.00
Average wages per year $2,950.00
Cost of a gallon of Gas 17 cents
Average Cost of a new car $1,420.00
Minimum Hourly Wage Rate 70 cents per hour
Bacon per pound 50 cents
Dobbs Hat $8.50
Kitchen Table and Chairs $100.00
Below are some Prices for UK guides in Pounds Stirling
Average House Price 1,911
What Events Happened in 1949
Ecuador
• 6.75 Richter scale earthquake in Ecuador kills 6000 and destroys 50 towns
Russia
• Soviet Union tests its first atomic bomb.
NATO
• North Atlantic Treaty Organization (NATO) Established
Germany
• Federal Republic of Germany officially founded
Indonesia
• Indonesia gains it’s independence From Netherlands
Germany
• Berlin Airlift officially comes to an end on May 12th
China
• The Communist People’s Republic of China is proclaimed under Mao Tse Tung.
Taiwan
• Republic of China / Taiwan on the island of Formosa comes into being following the defeat by Mao Tse Tung
Switzerland
• The Geneva Convention is agreed providing an agreement on the treatment of prisoners
U.S.
• RCA Perfects a system for broadcasting color television
U.S.
• First Polaroid Camera sold for $89.95
U.S.
• President Harry S. Truman authorizes $16 million in aid for Palestinian refugees
U.S.
• The Emmy Awards for US Television first presented
U.S.
• First Volkswagen Beetle The Peoples Car sold in US
Germany
• The first car with a Porsche badge is shown
UK
• De-Havilland Comet first commercial passenger jet airliner test flight
South Africa
• Apartheid Made official Policy of National party in South Africa
Canada
• Newfoundland Joins Canada Confederation
Technology
Inventions Invented by Inventors and Country ( or attributed to First Use ) 1949
The first automatic street lights are installed in New Milford, Connecticut
45 rpm Record USA
The world’s first commercially available computer The Ferranti Mark 1 Released
Popular Culture
• George Orwell’s book Nineteen Eighty-Four is published
• 45 rpm discs are introduced
• First Polaroid Camera History sold for $89.95
• “A” your adorable ” by Perry Como
• “Mule Train ” by Frankie laine
• FILM Twelve O’Clock High
• First Polaroid Camera sold for $89.95
• Frank Sinatra stars in “On The Town” with Gene Kelly
• Rodgers and Hammerstein debut the musical “South Pacific” on Broadway
Born This Year 1949
Larry Holmes News And Events From November 3rd
Jeff Bridges This Day In History December 4th
Lionel Richie News And Events From June 20th
Bruce Springsteen This Day In History September 23rd
John Belushi February 4th — Chicago, Illinois, U.S.
Patrick Duffy March 17th — Townsend, Montana, U.S.
Gloria Gaynor September 7th — Newark, New Jersey, United States
Maurice Gibb December 22nd — Isle of Man
Andy Kaufman January 17th — New York City, New York, United States
Jessica Lange April 20th — Cloquet, Minnesota, U.S.
Meryl Streep June 22nd — Summit, New Jersey, U.S.
Vera Wang June 27th — New York, New York, U.S.
Sigourney Weaver October 8th — Manhattan, New York, U.S.
via 1949 including Popular Culture, Prices, Events, Technology and Inventions.
(thepeoplehistory.com)