What is the Big Mac Index?
The Economist created the Big Mac Index in 1986 as a lighthearted way to compare currencies by looking at the price of a Big Mac in different countries.
- Home
- Fact categories
- Economic Facts
Economic Facts
Economic facts and facts about economics.
5 facts on this shelf
How much did the Ford Model T cost?
The price of a Ford Model T dropped from $850 in 1908 to about $260 by 1925, putting a car within reach of ordinary families.
Where was the first stock exchange?
The Amsterdam Stock Exchange, which began trading Dutch East India Company shares in 1602, is considered the world's oldest stock exchange.
What was Silver Thursday?
The Hunt brothers tried to corner the silver market, which led to a price crash known as Silver Thursday in 1980.
Has Sadhguru spoken at the World Economic Forum?
Sadhguru has spoken at the World Economic Forum.