In the 1920s, people invested in the stock market more than they ever did before. Prices rose very fast so that by the end of the 1920s, traders could become rich from buying and selling overnight. They bought stock on margin which meant that they could hold the stock for as little as a 10% downpayment. They then waited for the stock price to rise and then they sold it. During 1928 and 1929, the stock of many companies was valued more than what the companies were valued for.
Answer:
I agree with the statement "In order to have good friends, you have to be a good friend", because if I want respect and kindness from someone, I assume that person would want respect and kindness from me. You have to treat people, how you would want to be treated, so if you want to have a good friend, you need to expect that they want the same. Being good towards others, and giving them respect, makes other people respect you, and be kind towards you. This saying reminds of another quote "Don't give an inch and expect a mile."
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