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He estimated that, in 1750, the average per-capita income of the East (Asia and Africa) was roughly equal to that of Western Europe, and that China's per-capita income was on-par with the leading European economies. He estimated that it was after 1800 that Western European per-capita income pulled ahead of the East. [17]
Milanovic, Branko (2006): "An Estimate of Average Income and Inequality in Byzantium around Year 1000", Review of Income and Wealth, Vol. 52, No. 3, pp. 449–470; European GDP per capita. Bairoch, Paul (1976): "Europe's Gross National Product: 1800–1975", Journal of European Economic History, Vol. 5, pp. 273–340
Between 1933 and 1939 the total revenue of the German government amounted to 62 billion ℛ︁ℳ︁, whereas government expenditure (up to 60% of which consisted of rearmament costs) exceeded 101 billion ℛ︁ℳ︁, thus causing a huge deficit and rising national debt (reaching 38 billion ℛ︁ℳ︁ in 1939).
Personal income in 1939 was almost at 1919 levels in aggregate, but not per capita. The farm population had fallen 5%, but farm output was up 19% in 1939. Employment in private sector factories regained the levels reached in early 1929 and early 1937, but did not exceed them until the onset of World War II.
The Great Depression was a severe global economic downturn from 1929 to 1939. ... (average income per person) shown in constant year 2000 dollars, plus some of the ...
According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That's a 60% jump from the $66,400 median income in 1970. While that sounds impressive, it's ...
Between 1929 and 1932, the income of the average American family was reduced by 40%. ... 1929–1939 (PublicAffairs, 2017), 389 pp. popular economic history; ...
The median income stood at $2,000 per year, and 8 million workers earned below the legal minimum. From 1939 to 1944, wages and salaries more than doubled, with overtime pay and the expansion of jobs leading to a 70% rise in average weekly earnings during the course of the war.