Horror movies mirror the anxieties of a population. If you look at the best horror in any decade, what made it relevant, what gave it punch, was that it spoke to the anxieties of the society at that point in time.
Case in point: Godzilla. Not long after the end of WWII, a Japanese filmmaker spun a yarn about the end of civilization as a giant kaiju brought about by atomic bombs. You can see how that spoke to folks at the time.
You can also point to one particular film that changed the trajectory of the genre. To use Godzilla as the example again, after that film, you were hard pressed to find a horror film that was not a creature feature.
Here’s our quick primer, decade by decade, on the films that marked the genre, predicted the coming decade’s cinematic output, and articulated the social anxieties of the day.