There was a key turning point that is weirdly understated: women joined the workforce. New conveniences in the form of appliances and fast-food, canned food, ready-made food freed up more time for them to pursue careers (at least, part-time) and still raise kids. The US enthusiastically embraced these modernities and many families effectively threw away their knowledge of cooking over time.
After this the institutions that feed us garbage became entrenched, began to both lobby to protect their interests and increase their adoption rate as much as possible. It's not unlike the story of Tobacco companies.