ATLAS / 1000 BC—PRESENT
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1936–1945 · Global · Trade

Macroeconomics, national accounts and welfare states

The Great Depression and wartime planning accelerated macroeconomics, national-income accounting and new arguments for public employment, social insurance and economic stabilization.

Atlas dossier · World Wars

Free device narration · synchronized English captions · transcript available

Why it matters

Governments gained new tools for measuring economies and responding to crises, though policy choices remained contested across countries and social groups.

Date
1936–1945
Historical setting
World Wars · Global
People & communities
John Maynard Keynes · Simon Kuznets · civil servants · workers · welfare-state advocates
01

Event

The Great Depression and wartime planning accelerated macroeconomics, national-income accounting and new arguments for public employment, social insurance and economic stabilization.

02

People

John Maynard Keynes · Simon Kuznets · civil servants · workers · welfare-state advocates

03

Consequences

Governments gained new tools for measuring economies and responding to crises, though policy choices remained contested across countries and social groups.

Interpretation note

Evidence, memory and historical debate

This dossier distinguishes the event’s basic chronology from later arguments about meaning, responsibility and legacy. When comparing religious, national, Indigenous or scholarly interpretations, consult the primary and institutional sources above alongside peer-reviewed historical work.

Elsewhere in the world

Parallel histories near this moment

1938–1945 · EuropeNuclear fission and the nuclear age

Researchers showed that splitting some atomic nuclei released enormous energy, leading rapidly to reactors and atomic weapons during the Second World War.

1931–1945 · AsiaThe Asia-Pacific War and Nanjing

Japanese imperial expansion in Manchuria and China widened into a devastating Asia-Pacific war. The Nanjing Massacre of 1937–38 was one of its most notorious episodes of mass killing, sexual violence and terror against civilians and prisoners.

1928–1945 · EuropePenicillin and antibiotics

Fleming’s observation and the later development of penicillin opened the antibiotic era, making many bacterial infections treatable for the first time.