Price history is a manifestation of the development of society. From now on, people create products and goods. If we want to own it then pay. As society grows, the resulting goods and goods become more valuable. That is why it has created a change in prices. Price change has shown progress in all aspects of human development. The society will grow and the price will also change according to that development. And when we look at price history, we’ll be surprised at how quickly it changes .It has changed drastically without people ever thinking, which represents a step forward. yep

I want to talk a bit about price history With the recent drop in gasoline prices many people have begun to wonder exactly how close to historical lows we are? Back in 1918 gasoline was $0.25 a gallon and by 1932 prices had fallen to 18 cents a gallon! But as we all know over the last 100 years the purchasing power of the dollar has fallen drastically so in order to get the true picture we can’t just say that the lowest price of gas was 18 we need to for . When there are two … the first is called the “nominal price” and that is the actual price you would have paid for gas at the pump. The key price though is the inflation adjusted price which calculates what the would have been if were were spending current dollars on a specific date. In this case, we are basing our calculations on the value of a dollar in December 2015.In 1940, nomina dipped back to 18 cents a gallon bringing the down to $3.04. From there the gasoline prices actually rose but rose faster due to WWII so the inflation of gas appeared to fall but due to war-time rationing gasoline was not always available. The next bottom occurred in 1947 as had fallen to $2.44, with nominal prices back up to 1926 levels of 23