1940 Events and Fun Facts

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Events of 1940

What happened in 1940 Major News Stories include Germany and Italy gain control of most of Western Europe, Winston Churchill becomes Prime Minister and inspires British People With speaches including "We Shall Fight Them On The Beaches, Dunkirk evacuation of British Troops, Battle of Britain begins, Germany starts it's Blitz on London, Race Riots in Chicago, Harlem, Los Angeles and Detroit, Popular Movies include Gone With the Wind and the Great Dictator, Nylon Stockings Go On Sale .....",
1940 With the rearming of US forces the Great Depression was finally beginning to ease , and Americans were earning more and buying more so being able to buy goods and further fueling the economy . But outside of America things were not good as Germany invaded France which meant between Germany and Italy most of Western Europe was controlled by them except for England. In the US the feel good feeling of leaving the depression behind fueled the making of some great movies including "Gone With the Wind" and the "Great Dictator" , and Jazz sounds were the popular music of the day from the likes of Benny Goodman and Count Basie amongst others. The Nylon stockings invented the previous year were all the rage with women, FDR was elected for a third term but Americans were starting to believe they should help Britain in it's fight for survival with Germany and the first peacetime draft occurred in September which had ominous overtones for the future. Britain was being bombed incessantly and many believed it may only be time before America would be involved. And a worker in the New Factories appearing can earn up to $1,250 per year

Cost of Living 1940

Average Cost of new house $3,920.00
Average wages per year $1,725.00
Cost of a gallon of Gas 11 cents
Average Cost for house rent $30.00 per month
Radio $16.95
Average Price for a new car $850.00
Battery for Torch 10 centsHoover $52.50
Campbells Tomato Soup 25 cents for 3 cans
Chewing Gum 12 cents for 3
Flour 25 cents 5 Pound bag
Fresh Chickens 55 cents per pound

 
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