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| 1951 |
| | | Jacopo Arbenz, newly elected president of Guatemala, enrages the USA by expropriating the land of the United Fruit Company | |
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| 1951 |
| | | Six European nations agree to joint coal and steel production through the European Coal and Steel Community (ECSC) | |
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| 1951 |
| | | The new Iranian prime minister, Mohammed Mossadegh, passes the Oil Nationalization Act, seizing Britain's assets in the region | |
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| 1952 |
| | | French economist Jean Monnet becomes the first president of the European Coal and Steel Community (ECSC) | |
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| 1952 |
| | | The UK car manufacturers Morris and Austin merge to become the British Motor Corporation | |
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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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