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
You will hear a college lecturer talking to a class of business students about the history of money and its functions. As yo
You will hear a college lecturer talking to a class of business students about the history of money and its functions. As yo
admin
2016-10-25
63
问题
You will hear a college lecturer talking to a class of business students about the history of money and its functions.
As you listen, for questions 1-12, complete the notes using up to three words or a number.
You will hear the recording twice.
MONEY & ITS FUNCTIONS
Origin
【L1】The word______is derived from the Latin word sal for salt.
【L2】Cattle were used as money in some tribes for they were useful and______.
【L3】However, the bulkiness and the uncertain size of cattle were ready to cause a problem of______.
History of Development
【L4】When paper money first appeared in China, it looked more like a piece of paper saying a______.
【L5】Precious metal was first used as money in ______.
【L6】It was always difficult to decide the ______ of the coin for you didn’t know its composition.
【L7】Some______sweated the money in order to bail their countries out of difficult times.
【L8】Sometimes, the scarcity of______made it necessary for store owners to use certain tokens.
【L9】A hundred years later, people would use ______ rather than money, notes and coins.
Functions
【L10】Money is some commodity which makes the exchange of goods and services possible when it functions as a______.
【L11】When money is used to measure prices and values for comparisons between goods and services or over time, it functions as a______.
【L12】If we use money to store value, we transfer that______to some point in the future.
【L11】
Man: Good morning, everyone. In today’s class we’ll talk about the history of money and its functions.
Money’s got a very colourful history, because a number of things have been used in the place of what we use as money. Feathers, shells, cloth... In Roman times the Roman soldiers were paid in salt and that’s how we get the word salary, from the Latin sal for salt. And a number of tribes used cattle, which were useful because they were transportable. But they were quite bulky and you weren’t always sure of the size of cattle you were going to get, so there was a problem of quality.
In the ninth century in China we had paper money for the first time. It wasn’t quite the paper money that we know now, it was more like a piece of paper saying a promise to pay. And then in the seventh century we had money in the form of precious metal. There was always a problem of making sure that the coin that you got had enough precious metal in it to give it value. When things got tough, you often found some civilisations were quite good at what they called sweating the money, which was effectively taking out the precious metal content so that what you got actually wasn’t what you thought you got.
And we have a form of that here in Australia when we had the holey dollar... when we had a coin with a hole in the middle because there was a shortage of metal. And in those days, Spanish coins were used a lot. Sometimes stores used certain tokens because there was a shortage of actual coinage. And then there is money as we know it today in notes and coins — plastic notes. And of course, if we were doing this programme in a hundred years time, we might talk about quaint little things called money, notes and coins, because all we’d be using would be plastic cards.
We look at the functions of money. Firstly it’s a medium of exchange, so it’s some commodity which facilitates the exchange of goods and services. lt is also a unit of account, which means that we use money to reckon prices and reckon values for comparisons between goods and services or over time. And thirdly, money is a store of value. It is an asset. It’s something that we can use to store value away to be retrieved at a later point in time. So we cannot consume today, we can hold money instead — and transfer that consumption power to some point in the future.
选项
答案
UNIT OF ACCOUNT
解析
转载请注明原文地址:https://kaotiyun.com/show/EoKd777K
本试题收录于:
BEC高级听力题库BEC商务英语分类
0
BEC高级听力
BEC商务英语
相关试题推荐
Whomostlikelyistalking?
Whatarethespeakersdiscussing?
Whatisthespeakermainlytalkingabout?
Whatisthespeakermainlytalkingabout?
What’stherelationshipbetweenthemanandthewoman?
A、 B、 C、 CHe’stoobusyisapoliteresponsetotherequest.Choice(A)answerswhichtypeoflettersdoyoupre
A、 B、 C、 CBecauseusuallystatesareasonthatanswersawhyquestion.Choice(A)usesshirtbutdoesnotanswerw
A、 B、 C、 B(A)疑问词引导的疑问句不可以用yes/no来回答,并且,重复使用president一词,易造成混淆。(B)针对询问谁会当选副总裁的提问,做出了应该静候结果的回答,故为正确答案。(C)重复使用pres
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
随机试题
简述资源管理策略的类型。
A、 B、 C、 D、 A
患儿男性,14岁,主因“血尿15天,发热、剧烈头痛1周、皮疹2天”入院。15天前患儿母亲发现患儿尿色发红,为浓茶色,无尿频、尿痛及腰痛,未就诊。l周前患儿出现发热,体温最高39℃以上,伴头痛,喷射性呕吐;于当地医院以扁桃体炎治疗,肌内注射“柴胡、利巴韦林”
可可豆脂是较理想的栓剂基质,但若加热超过36℃时,可可豆脂则()
下列关于劳动合同期限的说法中,正确的是()。
网下配售比例只能保留小数点后3位,网上配售比例不受限制,由此形成的余股由主承销商包销。()
阅读下面材料,根据要求作文。人活在世上,不免要承担各种责任,小至对家庭、亲戚、朋友,大至对国家和社会。而教师承担的责任,则是非常特殊的,你对教师的责任有什么看法?请根据上述材料给你的启示,联系实际,以“教师的责任”为题,写一篇论述文。
课程评价过程中要经历把焦点集中在所研究的课程对象、()等步骤。
分层抽样【华南师范大学2013、2016】
A.advisedB.causeC.considerationD.costlyE.demandsF.differsG.hardH.hintI.inhibited
最新回复
(
0
)