1949 Money Changes

Improved Essays
Money and finances have changed drastically since the time of 1949. The prices of everyday items and other necessities have largely increased and are continuing to rise into the 21st century. The most extreme increase of prices have been on the cost of a new house. Since 1949, the cost to buy a new house has gone up around $350,000. But as prices increase so does the yearly income of the average person. The higher prices of items have led to people earning higher incomes, which make the cost more affordable for in today’s time then it would have been for someone living in

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