How much is a permanent bicycle in the 1980s worth? Experts revealed the truth

How much is a permanent bicycle in the 1980s worth? Exp […]

How much is a permanent bicycle in the 1980s worth? Experts revealed the truth

In the eyes of many people today, bicycles are a safe and environmentally friendly means of transportation. Many students who go to school may be far away from the school, so parents will equip them with a bicycle. Some students, because they live in a dormitory that is far away from their school building, will also buy a bicycle for themselves. In their opinion, buying a bicycle is just a matter of hand. After all, the price of a bicycle is not high. However, in the 1980s, the value of a bicycle was not as low as it is now, so some people have doubts. How much is a permanent bicycle in the 1980s worth? Experts revealed the truth.

At that time, the value of a bicycle was very high, far higher than our imagination, probably equivalent to a person's salary for half a year. Everyone may feel incredible when they hear it, because the bicycle is a very ordinary thing in our opinion. In that era, why is its value so high? Let's listen to Xiaobian and explain to everyone why the price of bicycles was particularly expensive at that time.

Those who have studied economics know that supply and demand can affect the price of an item to a large extent. One of the reasons why bicycles are so expensive in that era is because bicycle production is very small.

At that time, our country's economy was not very developed, and productivity was limited. Therefore, the number of bicycles produced in that era was not many. The number of bicycles produced was not many, but there were indeed many people who needed bicycles. Less than the demand, just like this, the price of the bicycle has risen to a very high price. At that time, a car was about two hundred dollars. According to the current salary, it is almost 15,000 or so.

Secondly, it is very difficult to buy a bicycle, because at that time our country has not fully liberalized the market economy, so to buy a bicycle, not only need money but also need a ticket.

Compared with money, tickets are also very rare. So in summary, it is very difficult to buy a bicycle at that time. Many people would not buy bicycles at all. It takes a long time to buy a bicycle when you want to get married and other major moments.

In general, the value of bicycles was very high at that time. Many people squandered their wages for half a year. Maybe they couldn’t afford a bicycle, mainly because at that time, economic production was not very developed. The number of bicycles produced in the country is limited, and there are many people who need bicycles. So the price of bicycles has risen to such a very high price, and the need to buy bicycles requires a lot of conditions, such as bicycle tickets. It is precisely because of these two restrictions that the value of bicycles is so high, and now it is worth about 15,000 yuan.