“Money makes the world go round!” Check out these mind-blowing, shockingly true, and fun facts about money.
From 1940 to 1946, the average income in America doubled. During 1940, the average worker was paid less than $600 a year. In 1946 the same worker got $1,200 a year.
In 1919 the average income in America was around $650 per year.
In the 1920s you could buy a brand new car for less than $300.
In 1931 a new Chevrolet cost $623. Between 1968 and 1978 the price of new cars went up drastically. Cars cost twice as much in 1978 as they did in 1968.
Shopping was fun in 1900. Women could buy a pair of shoes for just $1!
Before the days of paper money, Americans traded animal skins, including deer and elk bucks, for goods and services. Hence the word “buck” to describe money.
American Indians used to carry around strings of clamshells to use as money, which they called wampum. Wampum was the most common form of money in North America. By 1637, the Massachusetts Bay Colony declared wampum legal tender, which meant it could be used as money.
More info: factbud.com
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