After World War II, Skopje greatly benefited from Socialist Yugoslav policies which encouraged industry and the development of Macedonian cultural institutions. Consequently, Skopje became home to a national library, a national philharmonic orchestra, a university and the Macedonian Academy. However, its post-war development was altered by the 1963 earthquake which occurred 26 July. Although relatively weak in magnitude, it caused enormous damage in the city and can be compared to the 1960 Agadir earthquake. The disaster killed 1,070 people, injuring 3,300 others. 16,000 people were buried alive in ruins and 70% of the population lost their home. Many educational facilities, factories and historical buildings were destroyed.