establishment role year
1959
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The Year 1959
What Happened in 1959 Important News and Events, Key Technology and Popular Culture Major Major News Stories include Fidel Castro comes to power in Cuba after Revolution, The Dalai Lama is forced to flee Tibet, Barbie Doll Launched, Alaska becomes the 49th State and Hawaii becomes the 50th state, St. Lawrence Seaway is completed, NASA introduces America's first astronauts to the world including John H. Glenn Jr, and Alan Shepard Jr, US Launches first Weather Station in Space,
1959 the unemployment problems eased to 5.5%. Television programmes included "Rawhide", "Bonanza" and "The Twilight Zone", movies included "Some Like it Hot", "Ben Hur" and "North by Northwest". Alaska is admitted to the union and becomes the 49th state and Hawaii is admitted to the the Union and became the 50th State. The Boeing 707 Jet Airliner comes into service and little girls love the Barbie Dolls created by Ruth Handler and made by Mattel. Fidel Castro comes to power in Cuba.
Cost of Living 1959 - How Much things cost
Yearly Inflation Rate USA 1.01%
Yearly Inflation Rate UK 0.9%
Average Cost of new house $12,400.00
Average wages per year - $5,010.00
Kodak Movie camera $67.50
Average Cost of a new car $2,200.00
Movie Ticket$1.00
Loaf of Bread 20 cent
Kraft Cheese Slices 32 cents pk
Maine Brick House good residential area 12 rooms 4 baths 2 acres $7,000
gallon of Gas 25 cents
Average House Price UK - 2,410