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
53
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
题目问:第三段“The crash of 1929 has been attributed to many causes,among them wild andunwise speculation by many people and dishonest practices on the part of some business and ofsome members of the exchanges.”此句话给出了导致1929年股市崩盘的原因,据此判断,应选择C。
转载请注明原文地址:https://kaotiyun.com/show/JdQO777K
0
考博英语
相关试题推荐
Businessandgovernmentleadersconsidertheinflationratetobeanimportantgeneralindicator.Inflationisaperiodofincre
Inhis1976studyofslaveryintheUnitedStates,HerbertGutman,likeFogel,Engerman,andGenovese,hasrightlystressedthe
Inhis1976studyofslaveryintheUnitedStates,HerbertGutman,likeFogel,Engerman,andGenovese,hasrightlystressedthe
Readthefallowingparagraphandthenwritearesponsepaperofabout250to300Englishwords.WriteitneatlyonANSWERSHEET(
BarbieDollsFlashyclothes,theperfectboyfriend,aCorvette,Ferrari,fullsizeapartmentwithbeautifulfurnitureandboat.
BarbieDollsFlashyclothes,theperfectboyfriend,aCorvette,Ferrari,fullsizeapartmentwithbeautifulfurnitureandboat.
Sociologistsusethetermpowertorefertothecapacityofpeopleorgroupstocontrolorinfluencetheactionsofothers,whet
I’d______hisreputationwithotherfarmersandbusinesspeopleinthecommunity,andthenmakeadecisionaboutwhetherornott
Justiceinsocietymustincludebothafairtrialtotheaccusedandtheselectionofanappropriatepunishmentforthoseproven
Asforthemissingfunds,thecompanymanager,whendemandedtogiveanexplanation,couldnotevencomeupwitha______one.
随机试题
动脉粥样硬化纤维斑块中纤维帽的成分包括:
A、咯血伴发热B、咯血伴胸痛C、咯血伴脓痰D、咯血伴皮肤黏膜出血E、咯血伴呛咳肺癌的特点是
法洛四联症的常见并发症为
某家庭购房抵押贷款10万元,贷款年利率为5%,贷款期限为15年,采用按月等额本息还款方式还款。假设该家庭已按月等额偿还了5年。则该家庭的贷款余额为()元。
建设项目管理规划内容涉及的范围和深度,在理论上和工程实践中并没有统一的规定,应视项目的特点而定,一般包括()等内容。
不计人工程项目总价的工程量清单为()。
(2015年)根据反垄断法律制度的规定,下列垄断协议中,由国家工商总局负责执法的有()。
35.【课程名称】复调音乐的大师——巴赫【教学目标】略【教学难点】体验感受巴洛克音乐的风格特征,掌握主调音乐与复调音乐的区别【教学过程】(一)导入:以“穿越”话题,导入音乐的穿越之旅(二)新课教授:主调音
取保候审的保证人必须符合下列条件()。
由于人口增长率超过了劳动力需求增长率,导致劳动人口就业不足,造成大批待业和失业者。对这段话最准确的复述是( )。
最新回复
(
0
)