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1953 saw the growth of the buy now pay later mentality with car makers leading the way by allowing longer and longer periods to pay for your new car. Queen Elizabeth II crowned queen of England. The unions gained strength with more and more workers belonging to unions, with wage and price controls ended and unemployment at 2.9% the increases in standard of living continued to grow and appear to have no boundaries. A teachers average salary was $4,254 and a pound of round steak was 90 cents. The first color television sets appear selling for $1,175, and transistor radios start to appear for sale.