Key events of the 20th centuryThe 20th century changed the world in unprecedented ways. The World Wars sparked tension between countries and led to the creation of atomic bombs, the Cold War led to the Space Race and the creation of space-based rockets, and the World Wide Web was created. These advancements have played a significant role in citizens' lives and shaped the 21st century into what it is today. From 1914 to 1918, the First World War, and its aftermath, caused major changes in the power balance of the world, destroying or transforming some of the most powerful empires.