Water It takes Lende lend m interest People w 2 dozen eggs at 15 cents a carton= 10 Stamps at 3 cents a stamp= 2 Loaves of Bread at 8 cents a loaf = 3 Gallons of Milk at 60 cents a gallon= 30 avers 4 lbs. of ground beef at 14 cents a lb. 10 gallons of gas at 10 cents a gallon= 100 16 ounces of cheese at 23 cents per lb. = 368 30 = 56 How much will $100 get you? In 1939 the world was on the brink of World War II; the United States was entrenched in a recession. Your grandmother was one of 5 children that relocated to Houston after their farm went out of business in family ever needed it. If she had spent it on the family staples, she could have bought: Oklahoma. In April of 1939 your grandmother found $100 and decided to bury it in her yard incase the 163 pounds of bacon at 38 cents a pound- 180 1 gas stove at $20= 5 individual bottles of Coke at 5 cents each- 114 25 1 average home radio at $25= 7 movie tickets at 26 cents per ticket- 7 World Fair tickets at 75 cents per ticket- $20 525 182 How much money would she have spent total? How much money would she have left over? 1 share in General Electric at $38= $25 $36 The year is now 2009 and again we are facing another war overseas and a recession. You are helping your grandmother with her yard work and you dig up a jar with $100 in it! You are the oldest of 5 children and want to help your parents by purchasing some goods and services for the family. You need to buy: 2 Loaves of Bread at $1.07 a loaf = 3 Gallons of Milk at $2.49 a gallon= 10 Stamps at 42 cents a stamp= 2 dozen eggs at $1.87 a carton= 4 lbs. of ground beef at $3.99 a pound= 10 gallons of gas at $1.89 a gallon= 16 ounces of cheese at 2.99 lb. = 3 pounds of bacon at $2.99 a pound= 5 individual bottles of Coke at $.99 each= 1 gas stove at $399= 7 Houston Rodeo tickets at $20 per ticket- 7 movie tickets at $8 per ticket= 1 average home radio at $30= 1 share in General Electric at $10.11= How much money would you have spent total? Did you have enough money to buy all of the items your family wanted? Guided Questions: 1. What happened to the purchasing power of the $100? Why? 2. Which items went up the most in price? Why? 3. The price of an average radio didn't go up much. Why?