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The Question & Answer (Q&A) Knowledge Managenet
The Internet has many places to ask questions about anything imaginable and find past answers on almost everything.
New Hollywood, sometimes referred to as the American New Wave or the Hollywood Renaissance, refers to a movement in American film history from the mid-1960s to the early 1980s, when a new generation of young filmmakers came to prominence in the United States.
At the same time, American cinema underwent radical change as well. The studio system crumbled, and the Production Code was replaced by a new ratings system. Hollywood movies became more cynical, violent, and sexually explicit, reflecting the changing values of the time.
In the 1960s, college attendance surged, and institutions which for decades had only been home to a few hundred students were suddenly hosting thousands. Higher attendance meant better funding, and many schools invested this new capital in programs that had previously been financially unfeasible—like film./span>
In 1960, the average price of a movie ticket was 69-cents, the equivalent of around $4.00 in today’s dollars.
Observe that in constant dollars, movie-ticket prices more than doubled between 1935 (when they cost a quarter; that’s $2.93 in 1999 dollars) and 1970 (when they cost $1.55; $6.68 in 1999 dollars). Prices for movie tickets peaked, in constant dollars, during the 1970s./span>
What was life like back then? Here’s a snapshot: “Cleopatra,” starring Elizabeth Taylor and Richard Burton, was the number one film at the box office that year, when the average movie ticket cost 85 cents. A loaf of bread cost 22 cents . . . a gallon of gas, 30 cents./span>
In 1933, the inflation-adjusted cost of a movie theater ticket was $6.14 – by 1937, this number had dropped all the way back down to $3.97 (inflation adjusted) as Americans struggled to afford nights out.
Adjusted for inflation, that $1.76 movie ticket in 1973 would cost $9.26 today./span>
The average ticket price in 1969 was $1.42. Adjusted for inflation, that ticket would cost $10.14 in 2019 dollars./span>
Bread: We love bread, and so does Oprah. In 1940, standard sliced bread costed a measly eight cents per pound. Similar to the 1940 price adjusted for inflation, which comes out to be $1.48, a pound of those delicious carbs today will cost you $1.35.
$2,938
Item | 1970 | 1975 |
---|---|---|
Bread | 0.24 | 0.28 |
Milk | 1.32 | 1.40 |
Gas | 0.40 | 0.57 |
Car | $2,500.00 | $3,800.00 |
A Look Back At Food Prices In 1976. How Much Have Food Prices Really Increased In The Last 40 Years?
Product | 1976 Price | Approximate 2016 Price |
---|---|---|
Coca Cola – 64 oz. | .69 | 1.59 (2 lt.) |
Uncle Ben’s Rice – 10 lbs. | 2.99 | 13.99 |
Keebler Chocolate Chip Cookies -14 oz. | .75 | 3.49 |
Hillshire Farms Polish Kielbasa – 1 lb. | 1.39 | 4.99 (13 oz.) |
In 1970 which was 47 years ago the cost of coke was only 5 cents.
$1 in 1930 is equivalent in purchasing power to about $15.75 today, an increase of $14.75 over 91 years. The dollar had an average inflation rate of 3.08% per year between 1930 and today, producing a cumulative price increase of 1,474.93%.
A TIME WHEN COFFEE COST 5 CENTS, MOVIES WERE 10 CENTS AND PEOPLE. People complain these days about the high cost of living. When I was growing up in Hartford in the 1930s, for 3 cents, we could buy The Courant, The Hartford Times or a postage stamp./span>
Retail Prices of Selected Foods in U.S. Cities, 1890? 2015
Year | Flour (5 lbs) | Eggs (doz.) |
---|---|---|
1945 | 32.1 | 58.1 |
1940 | 21.5 | 33.1 |
1935 | 25.3 | 37.6 |
1930 | 23.0 | 44.5 |
The Price of Bread
YEAR | Cost of 1 lb. of Bread |
---|---|
1930 | $0.09 |
1940 | $0.10 |
1950 | $0.12 |
1960 | $0.23 |
1930: 26¢ per gallon The price dropped from 35¢ per gallon to 26¢ per gallon. It doesn’t sound like much, but 9¢ in 1930 is about $1.09 in today’s dollars. The 1930s led resourceful bakers to make do with less./span>
$1,368
While a house bought in 1930 for around $6,000 may be worth roughly $195,000 today, when adjusted for inflation, the appreciation is not as impressive as it seems. Since 1930, inflation-adjusted home values have increased by a modest 127%, or less than 1% each year./span>
$15,000