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
73
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
Negotiationisnotlimitedtothecorporateboardroomortohigh-stakesbusinesssettings.Bybecomingfamiliarwithsimplenego
Atmanycolleges,smokersarebeingrunnotjustoutofschoolbuildingsbutoffthepremises.OnNov.19,theUniversityofKen
Couplesblessedwithstrengthandaggression______looksarebetteroffhavingboys,asthesecharacteristicsareofmoreuseto
Ifsenescenceistobecompatiblewithnaturalselection,theremustbesomeconcomitantbenefitassociatedwithitthatoutweig
Inhis1976studyofslaveryintheUnitedStates,HerbertGutman,likeFogel,Engerman,andGenovese,hasrightlystressedthe
Formultinationalcorporations,taxplanninghasbecomeextremelycomplexaffairs.Ithasbeenstatedthatnomultinationalcorp
Thefirewasfinallybroughtundercontrol,butnot______extensivedamagehadbeencaused.
Bigcitiestodayareconfrontedwithveryseriousproblems.Transportisa【1】difficulty:someplannersbelievein【2】transportsy
AnOhioStateUniversitystudyhaslinkedbehaviorinyoungchildren【1】thetypeofjobtheirmotherhas.Motherswithcomplexoc
Whenhewasaskedaboutthemissingcamera,theboy______everseeingit.(2003年西南财经大学考博试题)
随机试题
A.近端小管B.髓袢降支C.髓袢升支粗段D.远端小管和集合管E.输尿管Cl-的继发主动转运是在()。
Imaginethemostfamouspersonyouknow,MichaelJordan,BritneySpears,PrinceWilliam.Nowthinkofthis:Notoneofthemisa
关于功能失调性子宫出血,正确的是
男,35岁,化工厂工人,工作中不小心吸入有毒气体后出现恶心、呕吐及震颤,急诊来诊。查体:皮肤口唇呈樱桃红色,呼出气体有苦杏仁味。最可能的诊断为
A、总水分B、结合水C、非结合水D、自由水E、平衡水物料表面的水分是()
国家重视中药材资源的保护、利用和可持续发展,加强中药材野生资源的采集和抚育管理,以下关于中药材的生产、经营和使用管理说法错误的是
检验检疫机构可根据需要,对检验合格的进出口商品加施检验检疫标志或封识。 ( )
下列各项中,属于期望投资报酬率的构成内容的有()。
“头顶马聚源,脚踩内联升,身穿瑞蚨祥,腰缠四大恒”,这首老北京民谣形象地反映了老字号在市场心目中的地位。荣宝斋的字画、享得利的钟表、月盛斋的酱肉、张一元的茶叶、十八街的麻花、狗不理的包子……这些耳熟能详的老字号,构成了人们对悠悠岁月的珍贵记忆。这段文字主
再社会化(南开大学)
最新回复
(
0
)