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| 1956 |
| | | The first true synthesizer is put on the market by RCA Victor | |
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| 1957 |
| | | Six founding nations (Belgium, France, Italy, Luxembourg, Netherlands, West Germany) establish the European Economic Community (EEC) | |
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| 1958 |
| | | In The Affluent Society US economist John Kenneth Galbraith criticizes wasteful modern consumerism | |
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| 1958 |
| | | Mao Zedong imposes on China a Great Leap Forward, an attempt at industrialization that results in economic chaos and widespread famine | |
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| 1959 |
| | | The Mini is launched, designed by Alec Issigonis, and becomes the best-selling British car of all time | |
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| 1960 |
| | | EFTA (European Free Trade Association) brings together the European nations outside the EEC | |
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| 1962 |
| | | Sam Walton opens the first Wal-Mart Discount store, in Rogers, Arkansas | |
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| 1968 |
| | | The United Nations, with the approval of Britain as the colonial power, imposes economic sanctions on Rhodesia | |
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| 1973 |
| | | British economist Ernst Friedrich Schumacher publishes an influential economic tract, Small is Beautiful | |
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| 1973 |
| | | Arab oil-exporting countries cause an economic crisis by denying oil to western countries supporting Israel | |
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