The Roaring Twenties was a decade of great economic growth and widespread prosperity driven by recovery from wartime devastation and postponed spending, a boom in construction, and the rapid growth of consumer goods such as automobiles and electricity. The economy of the United States, which had successfully transitioned from a wartime economy to a peacetime economy, boomed and provided loans for a European boom as well. However, there were sectors that were stagnant, especially farming and mining.