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AI think that grandpa Alex fails to realize the value of money back in the 1950s is much different than today- Instant homework help

AI think that grandpa Alex fails to realize the value of money back in the 1950s is much different than today. In the 1950s, $5,200 was a great amount of money, and the price of goods and service was obviously much lower. Back then, $5,200 would be well worth $56,000 in todays money. With that being said, Brian is making nearly $20,000 less than that and to me, that is a big difference.

Grandpa Alex also needs to realize that the cost of living in 1950 was much different as well. I have heard stories from my grandparents about how they used to only pay .

25 cents for a gallon of gas and less than a dollar for milk, eggs, bread, etc.With that being said, the cost of buying a home in 1950 vs today is much different. Houses did not cost nearly as much back then as they do today. I personally just bought a home in March, it has 3 bedrooms and 1.5 bathrooms and 1 acre of land. Although the house market is in high demand right now, we still have a house payment of $1,000 per month.BI think that the best way to explain to Grandpa Alex the idea that Brian is not lazy but just does not have the income to be completely independent is through an example. What does he pay every month in groceries? Add just the grocery bills up and there will be a definite chunk taken from Brian’s income. Then you factor in the cost of housing, having a car, gasoline, electricity, and all other commodities. You will be able to see that Brian will have very little if any left. The thing is times have changed since 1950. Not only is there inflation, but the number of things we “need” to have a comfortable life has also increased. There is also the issue of Brian’s degree. More and more people graduate every year with degrees and there are only so many jobs available. It is not always easy to land a high paying job just because you have a degree. Now in 1950, there was a significantly smaller number of people attaining degrees so seeking a job after earning one was easier. https://essaycove.com/what-is-the-style-of-augustine-of-hippos-seventh-discourse-on-the-gospel-of-john-source-7-6-online-tutoring-services/

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