The 1940's saw the first computer invented. Colossus was it's name. The first transistor and the nuclear bomb were invented. Chuck Yeager was the first to break the sound barrier and Supersonic flight was born.
Franklin Delano Roosevelt was President for the first half of the forties, until his death in 1945. FDR was followed by Harry Truman until 1949.
Minimum wage - $.43 an hour
New house in 1940 - $3920.00 and in 1949 - $7450.00
Average income in 1940 - $1725.00 and in 1949 - $2950.00
Gallon of gas in 1940 - $.11 and in 1949 - $.17
New car in 1940 - $850.00 and in 1949 - $1420.00
$100.00 in 1940 would be the equivalent of $1433.77 today
Now for 1940's Christmas toy fun!
1941 - FAO Schwartz Toy Store opens in New York City
1943 - Chutes and Ladders is the new game
1945 - Slinky is first sold
1948 - year Scrabble was invented
1949 - Silly Putty and Candy Land were popular Christmas toys
The most popular toys for the forties were also the Red Ryder BB rifle, Erector sets, electric train sets, enameled metal trucks and cars, metal pedal cars, WWII model airplane sets, farmyard sets, Parcheesi, Tiddlywinks and Radio Flyer wagons.