首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Economics What is the discussion mainly about?
Economics What is the discussion mainly about?
admin
2012-01-14
45
问题
Economics
What is the discussion mainly about?
M1: The large economic unit called the "corporation" has come to define business activity in a modern industrial-service economy. Even a mid-sized corporation employs thousands of people, serves hundreds of thousands of customers, and controls assets and does business amounting to several million dollars. The growing power of corporations has brought increased intervention by the only body with sufficient strength and scope to match corporate power. And what body is this? What has enough power to control the corporation?
W: The government.
M1: Yes. The federal government. The economic role of the government has grown tremendously over the past century, as more and more corporate activities have come under regulation. Why has this happened?
M2: Well, to prevent fraud against stockholders, for one thing. Also, to protect customers from fraud, like false advertising.
W: To protect the workers. For example, laws against child labor ... and unsafe working conditions.
M1: Yes. These are all reasons why we have government regulation of business. Not just in this country, but in most advanced industrial and service economies, governments have taken on an increasing role in economic affairs. Let’s take a minute to review what we talked about last time. What are the methods that governments use to influence economic activities? Elizabeth?
W: Taxes. Taxes encourage or discourage certain kinds of economic activity. Taxes are also a way for the government to get money to spend on programs.
M1: That’s right. So ... OK, there’s taxes and ... what else? Joshua?
M2: Government spending-the government gives business incentives to produce certain goods or services. Also ... uh ... spending could take the form of a tax break, or it could be a direct payment, like a government contract, or a grant or a subsidy.
M1: Yes, that’s right. Governments intervene in economic activity through taxation and spending. A third method, of course, what we’ve just been talking about: regulation. There’s been a tremendous increase in the laws and regulations governing the economic affairs of complex societies like ours. Beginning in the late 1800s, our political leaders rejected the idea that "government governs best which governs least." The government started to use its power to police the economic system. One of the first things the government did was to limit the exercise of monopoly power by regulating railroads and public utilities. After that, the government began regulating utility rates--costs for telephone, electricity, fuel, and so on. Since then, a whole set of industries has come under government regulation: financial markets, the airlines, trucking, barge and water traffic, oil and natural gas pipelines, and so on. Also, in recent decades there’s been a rapid growth of social regulation. What do I mean by social regulation?
W: Uh ... things like ... like laws that require a food package to list all the ingredients?
M1: Yes, that’s a good example. There are a number of laws regulating food and cosmetics. Social regulation also includes the laws that were first passed to protect workers in mines, and then workers in general. Now there are laws that protect all of society--for example, regulations for air and water pollution, and for storage and disposal of hazardous materials like nuclear waste. There are also safety standards for automobiles and consumer products, such as car seats for babies. All of these are forms of social regulation. We’ve come a long way since the days of laissez-faire capitalism, when business ran free and unchecked by government. When the political leaders of the nineteenth century first started proposing
regulation of business, this was considered a radical idea. However, with the passage of time, the radical ideas of that era became the accepted convictions of today. The general public has come to accept-and even expect-these limits on capitalism.
选项
A、The history of large corporations
B、The regulation of business by government
C、Why corporations have so much power
D、Ways that governments spend money
答案
B
解析
The class mainly discusses the regulation of business by government. The professor says The economic role of the government has grown tremendously over the past century, as more and more corporate activities have come under regulation; These are all reasons why we have government regulation of business; ... a whole set of industries has come under government regulation....(2.1)
转载请注明原文地址:https://kaotiyun.com/show/2LyO777K
0
托福(TOEFL)
相关试题推荐
DothefollowingstatementsagreewiththeinformationgiveninReadingPassage3?Inboxes36-40onyouranswersheet,writeTR
Matchinginformationandfeature.OutofAfrica:solarenergyfromSaharaVivienneWaltreportsonhowtheSaharaDesertcouldo
HowdesertsareformedA.Adesertreferstoabarrensectionofland,mainlyinaridandsemi-aridareas,wherethereisal
TheStudyofChimpanzeeCultureA.Afterstudyingthesimilaritiesbetweenchimpanzeesandhumansforyears,researchershav
AccordingtoMrSingh,onwhichthingdomanypeoplemakesuperficialobservations?MrSinghsayshisgenerationcouldonlydre
Gestures—especially______ones.Put______onboardandstudentslabelit.
Whatpercentageofthestudentsaremature?The______isatSaltLane.
Reducingspeedandfollowing______doesalottomaketheroadssafer.Youcancall911toreportanaggressivedriverifthe
WhatisthepurposeofJaneandRick’smeetingwiththetutor?
TicktheTHREEotheritemswhicharementionedinthenewsheadlines.
随机试题
论述1927—1949年中共土改各阶段政策文件及改革内容和影响。(复旦大学2015年历史学综合真题)
往来寒热,胸胁苦满,郁郁微烦,呕吐不止,心下满痛,大便不解,舌苔黄厚,脉弦有力者,治宜选用
男性,37岁。规律性上腹痛2年,加重1周,2小时前排暗红色稀便约500ml,站立时眼前黑矇,晕厥。查体:神清,血压:60/40mmHg,心率:120次/分,血红蛋白:140g/L。经治疗后,血压110/80mmHg,心率80次/分,下一步应
A.进行质量评审B.进行质量鉴定C.进行合法性审核D.实行色标管理根据《药品经营质量管理规范》药品批发经营企业对所有的库存产品()。
()是实现工程咨询科学性的重要保障。
编制城市规划应当遵循《中华人民共和国城市规划法》确定的各项原则。这些原则包括()。①国家实行严格控制大城市规模、合理发展中等城市和小城市的方针,促进生产力和人口的合理布局;②集中统一编制原则;③城市规划必须符合我国国情,正确处理建设和远景发展的关
下列情形中属于投标人之间相互串通投标的有()。
人民代表大会制度是我国的根本政治制度,是因为()。
有以下程序段charch;intk;ch=’a’;k=12;printf("%c,%d,",ch,ch,k);printf("k=%d\n",k);已知字符a的ASCII码值为97,则执行
OurexaminationhasbeenpostponeduntilnextFriday.
最新回复
(
0
)