After World War I, the global economy remained strong through the 1920s. The war had provided a stimulus for industry and for economic activity in general. There were many warning signs foretelling the collapse of the global economic system in 1929 that were generally not understood by the political leadership of the time. The responses to the crisis often made the situation worse, as millions of people watched their savings become next to worthless and the idea of a steady job with a reasonable income fading away.