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
83
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.
A sudden, sharp decline in the value of securities is called____.
选项
A、a trade
B、speculation
C、investment
D、a crash
答案
D
解析
题目问:有价证券价格的突然急剧下降叫做什么现象?第三段“In 1929,the security exchange,orstock market,contributed to a crash—a sudden sharp decline in the value of securities.”通过这句话可知,证券价值急剧下跌,叫做崩盘。据此判断,应选择D。
转载请注明原文地址:https://kaotiyun.com/show/DdQO777K
0
考博英语
相关试题推荐
Sportwasintegraltothenationalandlocalpress,TVand,toadiminishing______,toradio.
TheUnitedNationsPopulationFundhaspickedOctober31asthedaytheworldwillbehometo7billionpeople.Forbettera
Ifhalftheenergythatgoesintoviolentactswereputtogooduse,ifoureffortsweredirectedatcleaninguptheslumsandg
Johnhasreceivedofferlettersfromthreecompanies,buthewantsto______hisoptionsopen,ashehasn’tdecidedwhatkindofj
Onthattrip,thelonelinesswasalittlehardertohandle,soIbroughtalongourpuppytokeepme______.
Scientists,thosewhoareendowedwithpeculiarcapabilityofthinkingandanalysisandwithendlesspatienceinobservingandda
Alittlemorethanacenturyago,MichaelFaraday,anotedBritishphysicist,managedtogainaudiencewithagroupofhighgove
Thelong-termfortunesofthemodemeconomydependinpartonthestrengthandsustainabilityofthefamily,bothinrelationto
Thepolicehaveaskedforthe____ofthepublicintracingthewhereaboutsofthemissingchild.
Marywasextremelylucky:whenhergreat-uncledied,she_____afortune.
随机试题
为了(),设备工程项目监理组织应当根据需要制定设备监理实施细则。
公共政策的一般特征有()
根据最高人民法院《关于民事诉讼证据的若干规定》的有关规定,由人民法院指定举证期限的,该指定的期限不得少于()日,自当事人收到案件受理通知书和应诉通知书的次日起计算。
盛阳公司对2009年1月8日发生的事项进行账务处理,下列会计分录中,正确的为( )。盛阳公司在对2009年1月1日至4月20口发生的上述事项进行会计处理后,应调减原已编制的2008年12月31日资产负债表中的“应交税费”项目金额( )万元。
甲客运公司与乙旅行社于2016年开启深度战略合作,联合推出“车票+地接”打包旅游产品。其中,甲客运公司提供用于打包产品的“低价票”,乙旅行社则提供比以往更为丰富、优质的旅游目的地和地接服务。该产品的推出明显提升了合作双方的竞争力。本案例中,甲客运公司与乙旅
SometimesIreallydoubtwhetherthereislovebetweenmyparents.Theyareverybusyworkingto【C1】______thefamily.Theydon’t
【重商主义】(Mercantilism)北京大学2010年世界近代史复试真题;福建师范大学2013年世界史综合真题;南开大学2015年世界历史真题;首都师范大学2016年历史学基础综合真题;陕西师范大学2017年世界史真题
TheCalculatorGameIsintheProgressontheProgrammingNowResearchersinthefieldofartificialintelligencehavelong
以下不合法的用户标识符是()。
音楽が部屋の中で流れています。流れ
最新回复
(
0
)