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.
【L9】
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
PLASTIC CARDS
解析
转载请注明原文地址:https://kaotiyun.com/show/IoKd777K
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?
Whenisthenewengineerbuildingexpectedtoopentostudents?
Whenisthenewengineerbuildingexpectedtoopentostudents?
Whereisthemanwaitingforhisinterview?
Whataretheytalkingabout?
Whatarethespeakersdiscussing?
A、 B、 C、 CSheonlyreadsbusinessmagazinesanswerswhichmagazinesdoessheread.Choice(A)usestheword
WhatkindofbusinessisDombeyandSons?
Whatistheman’sbusiness?
Inthispartofthetest,youaregivenadiscussiontopic.Youhave30secondstolookatthetaskprompt,anexampleofwhich
随机试题
某项资产在评估时,名义已使用年限为10年,根据该资产的技术指标每天应工作8小时,实际每天只工作7.2小时,由此可以估计该资产实际已使用年限为()
材料一:邓小平同志在《党和国家领导制度的改革》一文中指出,社会主义现代化建设的及其艰巨复杂的任务摆在我们面前,一党只有紧紧地依靠群众,密切地联系群众,随时听取群众的呼声,了解群众的情绪,代表群众观点的利益,才能形成强大的力量,顺利地完成自己的各项任务。材
在全球市场上有经营活动的公司应能适应不同的商业文化。
两侧瞳孔大小不等,多见于
预算外资金管理的关键问题是()。
甲公司系增值税一般纳税人。有关资料如下:资料一:2×16年8月1日,甲公司从乙公司购入一台不需安装的A生产设备并投入使用,已取得增值税专用发票,价款为1000万元,增值税税额为170万元,款项尚未支付,付款期为3个月。资料二:2×16年11月1
全球性金融机构包括()
在很多手机APP中,都存在过度采集信息的问题,并引起公众的疑虑,用户一旦授权APP采集这些信息,最担忧的就是隐私信息的安全问题,而在这个信息飞速发展的时代,绝对的信息安全几乎不可能实现。近年来,美国的脸书泄露用户事件,以及国内最近的大数据“杀熟”,可谓殷鉴
以下属于唯心史观的论断有()
InDecember1653,byanInstrumentofGovernment,OliverCromwellbecame______oftheCommonwealthofEngland.
最新回复
(
0
)