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After World War I, the U.S. economy initially experienced a post-war boom fueled by consumer demand and industrial growth. However, this was followed by a sharp recession in 1920-1921, marked by high inflation and unemployment. The economy eventually stabilized, leading to the Roaring Twenties, a decade characterized by significant economic expansion, technological innovation, and rising consumerism before culminating in the Stock Market crash of 1929.

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