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
Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchanges themselves do no tr
Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchanges themselves do no tr
admin
2015-01-09
121
问题
Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchanges themselves do no trading,they merely provide a place where prospective buyers and sellers can meet and conduct their business.
Wall Street,although the best known,is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges,like Chicago Board of Trade, provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.
The security exchanges,on the other hand,are meeting places where stocks and bonds are traded. Like the commodity exchanges,they help serve the economic life of the country. But when their operations get out of hand,they may become very dangerous. In 1929,the security exchange,or stock market,contributed to a crash-a sudden sharp decline in the value of securities. Many people lost fortunes; many corporations were bankrupted; many workers lost their jobs. The crash of 1929 has been attributed to many causes,among them wild and unwise speculation by many people and dishonest practices on the part of some business and of some members of the exchanges.
Today,however,investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government. In 1922,the government instituted the Commodity Exchange Commission which operates through the Department of agriculture; and in 1934,the Securities Exchange Commission,to protect investors and the public against dishonest practices on the exchanges.
Which of the following is the reason for the Crash in 1929?
选项
A、High taxation for trade.
B、Tricks of some businessman.
C、Speculation of some people.
D、Strict regulation of the state.
答案
C
解析
本题的四个选项中,只有C项为正确答案。这可从文中的“The crash of 1929 has been attributedto many causes,among them wild and unwise speculation by many people and dishonest practices onthe part of some business and of some members of the exchanges.”推知。
转载请注明原文地址:https://kaotiyun.com/show/2OQO777K
0
考博英语
相关试题推荐
Whethertheextensionofconsciousnessisa"goodthing"forhumanbeingisaquestionthat______awidesolution.
Idon’tknowhowtogetthereeither,perhapswe’dbetter______amap.
Hedidnotwanttobe______bythemajority.Hefeltthatvariousdistinguishedculturescouldofferagreatercontributiontopr
Usingextremelydifferentdecoratingschemesinadjoiningroomsmayresultin______andlackofunityinstyle.
Themostexcitingkindofeducationisalsothemostpersonal.Nothingcan【1】thejoyofdiscoveringforyourselfsomethingthat
Takingphotographsisstrictly______here,asitmaydamagethepreciouscavepaintings.
new本题空格处是说每天大多数的工作由妇女来做,而且新的一天还是做同样的事情。new意为“新的,初见的,更新的”。
Thewealthofacountryshouldbemeasured____thehealthandhappinessofitspeopleaswellasthematerialgoodsitcanproduc
prepare本题空格处是说稍后她们得准备晚餐,prepare意为“准备,预备”。
随机试题
按照社会功能对组织进行分类时,法院属于()
A.新霉素B.精氨酸C.雌激素D.维生素K、维生素CE.青霉素妊娠合并肝炎产后回奶禁用
甲乙签订一份购销合同,甲以由丙银行承兑的票面金额为20万元的汇票付款,乙后又将该汇票背书转让给丁,丁又背书转让给戊。现查明下列情况,下列说法正确的是?()
咨询工程师在进驻现场或进行现场调研前应完成的工作包括()。
法律,法规和部门规章信息,市场信息,自然条件信息,属于( )。
薪酬调查的对象最好是()。
在竞争者分析中,企业首先要识别竞争者,企业的竞争者是指()。
在长线旅游活动中,随着旅游进程的不断深入,旅游者心理将呈现“初始阶段——个性表露阶段——结束阶段”的阶段性变化特征。请简述各阶段游客的心理及导游人员应提供的相应阶段心理服务技能。
Itiscommonknowledgethathealthyfoodssuchasfruitsandvegetablescontaincertainnutrientsthatpromotegoodhealth—namel
A、Theworkersmakemanycomplaints.B、Theworkersmakealotofobjections.C、Theworkersmakelotsofproposals.D、Theworkers
最新回复
(
0
)