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What Happened in 1950? Snack On The News and Key Events of 1950, Key Technology and Popular Culture. 1950 Year In History including South Africa the Group Areas Act creates Apartheid, NATO Created, China invades Tibet, McCarthy Begins his Persecution of Communists, US Leads World in Korean War following North Korea invasion of South Korea, James Dean big break comes with a Pepsi Commercial. 1950 was the start of the fast changes that would be seen in the next 2 decades , the great depression was becoming a faint memory and families were moving out to the suburbs, kids watched howdy doody on 12 inch black and white TV sets and spent Saturday afternoons watching cartoons at Cinema matinees , times were gentler with little violence and the consumer revolution was about to start in a big way, and the man of the household became the sole breadwinner. The median family income was $3,300 a year and milk was still delivered to the doorstep.