What was a description of the decade following World War I according to economic conditions?

The decade following World War I is often characterized as a "Decade of Optimism" primarily due to the significant social and economic changes that took place during this period. In the years immediately following the war, many countries experienced technological advancements and a booming economy, particularly in the United States, which emerged as a global economic power. This era saw a rise in consumerism, increased industrial production, and advancements in various fields, such as transportation and communication.

Furthermore, there was a cultural shift during the 1920s known as the "Roaring Twenties," which was marked by a sense of liberation and a break from the constraints of the preceding wartime era. This included changes in social norms, with movements advocating for women's rights, including suffrage, and a flourishing of the arts and entertainment.

While the decade did experience underlying issues that later contributed to the Great Depression, the overall sentiment and economic conditions of the period were more optimistic than despairing, recovering or uncertain. The growth in industries, urbanization, and the stock market's expansion contributed to a widespread feeling of hope and confidence in the future during this time.