Jane Ann McLachlan had this great idea for a blog challenge for the month of October to do one day for each of the first 25 years of your life. This is the 8th installment.
In 1971 the Dow closes at 890
Inflation was at 4.3%
Average cost of a new house: $25,250, up $10k and now $18k in two years
Average income: $10,600
Gasoline: $0.40 a gallon, up a nickel, 5 times larger than any previous year
Movie ticket: $1.50, at least this hasn’t changed
The Hugo for best Novel goes to Larry Niven for Ringworld.
Swiss women get the vote.
