
The Wall Street Crash of 1929 ended the era, as the Great Depression brought years of hardship worldwide. As such, the period often is referred to as the Jazz Age. At the same time, jazz and dancing rose in popularity, in opposition to the mood of World War I. Formal decorative frills were shed in favor of practicality in both daily life and architecture. The spirit of the Roaring Twenties was marked by a general feeling of novelty associated with modernity and a break with tradition, through modern technology such as automobiles, moving pictures, and radio, which brought "modernity" to a large part of the population. By the middle of the decade, prosperity was widespread, with the second half of the decade known, especially in Germany, as the " Golden Twenties". Wall Street invested heavily in Germany, which paid its reparations to countries that, in turn, used the dollars to pay off their war debts to Washington.

Thus, when Germany could no longer afford to pay World War I reparations to the United Kingdom, France, and the other Allied Powers, the United States came up with the Dawes Plan, named after banker and later 30th Vice President Charles G. The United States gained dominance in world finance. The social and cultural features known as the Roaring Twenties began in leading metropolitan centers and spread widely in the aftermath of World War I. In many major democratic states, women won the right to vote.
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The media, funded by the new industry of mass-market advertising driving consumer demand, focused on celebrities, especially sports heroes and movie stars, as cities rooted for their home teams and filled the new palatial cinemas and gigantic sports stadiums. Nations saw rapid industrial and economic growth, accelerated consumer demand, and introduced significant new trends in lifestyle and culture. This period saw the large-scale development and use of automobiles, telephones, films, radio, and electrical appliances in the lives of millions in the Western world. Harding " brought back normalcy" to the United States. In the wake of the military mobilization of World War I and the Spanish flu, President Warren G. Jazz blossomed, the flapper redefined the modern look for British and American women, and Art Deco peaked. In France, the decade was known as the années folles ("crazy years"), emphasizing the era's social, artistic and cultural dynamism. It was a period of economic prosperity with a distinctive cultural edge in the United States and Europe, particularly in major cities such as Berlin, Chicago, London, Los Angeles, New York City, Paris, and Sydney. The Roaring Twenties, sometimes stylized as the Roarin' 20s, refers to the decade of the 1920s in Western society and Western culture.
