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
考研
October 24, 1929. Black Thursday. On this infamous day, the New York Stock Exchange was hit with chaos that quickly amounted to
October 24, 1929. Black Thursday. On this infamous day, the New York Stock Exchange was hit with chaos that quickly amounted to
admin
2015-02-12
49
问题
October 24, 1929. Black Thursday. On this infamous day, the New York Stock Exchange was hit with chaos that quickly amounted to a 30% decline in the value of the Dow Jones Industrial Average, a benchmark index often used as a proxy in measuring the health of the American economy. This loss marked the end of the Roaring Twenties, a period of time in which many believed that the only direction for the stock market and the entire economy was up. Soon the U.S. entered into its longest and deepest economic slump, the Great Depression, and it took 25 years for the Dow Jones Industrial Average to return to its previous high.
Few have personal memories of the 1929 crash, but the event still colors the play of cautious investors even today. In a matter of hours, thousands saw their fortunes sink,turning previous paper millionaires into destitute paupers. The illusion of easy money in the stock market for these people was shattered, replaced by a harsh reality that the fickle sentiments of the market determined the fate of their paper profits. As the value of shares in companies tumbled, so did consumer confidence, resulting in further irrational selling, causing prices to further plummet, creating a downward spiral of frenzied losses and panic.
There were a few useful outcomes, however. Before the crash, security regulations were either lacking or rarely enforced, and stock brokers regularly hyped dubious firms. In 1934, after Congressional hearings on the problems, the Securities and Exchange Commission(SEC)was established to police Wall Street behavior and protect investors from fraud. Also, after 1929 many more economists and financial experts became interested in studying techniques for properly valuing stocks and giving advice on how to avoid financial panics. Their research has added to our knowledge about the economy and is at least partially responsible for the greater stability in many markets.
The long-term useful outcomes of the crash include______.
选项
A、increased consumer confidence in the marketplace
B、improved measures to protect investors from fraud
C、clearer knowledge of the future of the market
D、improvement in the management of global businesses
答案
B
解析
属事实细节题。题目中的关键词useful outcomes出现在最后一段第一句:然而,这一次的经济危机也有其积极的影响,后面的句子对比了1929年前后的变化,尤其第三、四句给出了具体的积极影响:……建立起证券交易委员会来监督华尔街的商业运作行为,防止投资商上当受骗。……更多的经济学家和金融专家热衷于研究恰当估算股票价值的技巧、提供如何避免金融恐慌的建议。他们的研究工作增长了我们的经济知识,并且为很多股市更加稳定的局面做出了一定的贡献。由此可知,选项B正确。
转载请注明原文地址:https://kaotiyun.com/show/KE74777K
0
考研英语一
相关试题推荐
OntheNettheShapeConditionofVirtualSchoolTennishopefulJamieHunt,16,felthecouldnotbecomeaworld-classjunio
TheUnitedStatesEnlargesthePunishmenttotheMediaMorethananyotherindustry,America’smulti-billion-dollarentertai
TheRelationshipBetweenOurPersonalityandSiblingsForalongtime,researchershavetriedtonaildownjustwhatshapes
Globally,recoveryisgoingslightlybetterthanexpected,accordingtotheIMF,whichreleaseditslatestWorldEconomicOutloo
Onecharacteristicofweathermapsnotmentionedbytheauthorinthispassageis______.Aweathermapissynopticbecauseit__
Theword"Seasoned"(Line6,Paragraph1)mostprobablymeans______.WhathadBuchwaldexperiencedbeforeenteringthehospice
Arecenttelevisioncommercialbegins【C1】______theannouncement,"Johnnywasjustbeatenupbythebiggestkid【C2】______theblo
Duringtherecession,joblosseswerenotequitablyshared;employmentratesfellmoreforsomegroupsthanothers.Itisalsow
Economics,asweknowit,isthesocialscienceconcernedwiththeproduction,distribution,exchange,andconsumptionofgoods
Economics,asweknowit,isthesocialscienceconcernedwiththeproduction,distribution,exchange,andconsumptionofgoods
随机试题
调查设计的主要用途为用于了解某一特定时间横断面上()。
下列选项中,属于历史文化遗产的是()。
2012年6月9日,甲公司支付价款855万元(含交易费用5万元)购入乙公司股票100万股,占乙公司有表决权股份的1.5%,作为可供出售金融资产核算。2012年12月31日,该股票市场价格为每股9元。2013年2月5日,乙公司宣告并实际发放现金股利1000万
A注册会计师负责对甲公司20×7年度财务报表进行审计。在获取和评价审计证据时,A注册会计师遇到下列事项,请代为作出正确的专业判断。下列与审计证据相关的表述中,正确的是()。
自从人类发明了工具,劳动强度便逐年降低,骨强度便也跟着下降。而人类大约在9000年前发明了农业,并在其后的几千年时间里逐渐将农业普及到全世界。农业的出现改变了人类获取食物的方式,从此打猎便不再是生存所必需的行为了,取而代之的是强度较低的农业生产。再加上剩余
心理测量工具的评价指标主要有()(淄博)
①这个说法始见于明代周文华的“汝南历史”:公种而孙得食之②被称为“活化石”的银杏树高大挺拔,叶似扇形③说明这种树生长缓慢,树龄极长,结实较晚,爷爷裁下的树,到了孙子辈才能吃到白果④到了秋季,树叶变成金黄色,别有一番景色
在这个时代,人与人之间虽然在空间和情感上越来越_______,但是每个人的利益却又_______地与他人的利益和行为紧密地联系在一起。这促成人们主动参与公共事务,呼吁公共利益。填入画横线部分最恰当的一项是:
()
Whomostlikelyisgivingthetalk?
最新回复
(
0
)