Financial Facts – Back in Time

In what year did 20,000 shopping malls generate 50% of the total retail sales in the United States?  This is the same year that the Trans-Alaska pipeline, a response to the 1973 oil crisis, started pumping black gold.  Here are some examples of what you could buy with US dollars at that time:

• Bean Bag chair – $37.95
• Sno-Cone Maker – $5.66
• Volkswagen Rabbit– $3,500
• Kenmore Dryer – $149

This is also the year that Elvis Presley died, whom by the way is still the highest earning dead celebrity on the planet some 30 years later.  What year was it?

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