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
83
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.
Investing in securities has been safer by the_____.
选项
A、Chicago Mercantile Exchange
B、Chicago Board of Trade
C、Securities Exchange Commission
D、Commodity Exchange
答案
C
解析
题目问:下列哪项是1929年经济危机的原因?“The crash of 1929 has been attributed to manycauses,among lhem wild and unwise speculation by many people and dishonest practices on thepart of some business and of some members of the exchanges.”通过这句话可知,疯狂的不理智的投机行为是造成1929年经济危机的原因。据此判断,应选择C。
转载请注明原文地址:https://kaotiyun.com/show/PdQO777K
0
考博英语
相关试题推荐
Businessandgovernmentleadersconsidertheinflationratetobeanimportantgeneralindicator.Inflationisaperiodofincre
The"formallearning"referstoalllearningwhichtakesplaceintheclassroom,regardlessofwhethersuchlearningis______by
Discoveriesingenetics,molecularbiologyandgenomics—allof______providesignificantbenefitsforhumanhealth—wouldnotbe
Therearethreeseparatesourcesofhazard【1】totheuseofnuclearreactiontosupplyuswithenergy.Firstly,theradioactivem
Therearethreeseparatesourcesofhazard【1】totheuseofnuclearreactiontosupplyuswithenergy.Firstly,theradioactivem
Sociologistsusethetermpowertorefertothecapacityofpeopleorgroupstocontrolorinfluencetheactionsofothers,whet
Adoptingthismethod,theteamraisedtheaverageyield______40%.
Everygeologistisfamiliarwiththeerosioncycle.Nosoonerhasanareaoflandbeenraisedalivesea-levelthanitbecomess
Scientists,thosewhoareendowedwithpeculiarcapabilityofthinkingandanalysisandwithendlesspatienceinobservingandda
WhatismissingfromTVnews____wouldfillabook.
随机试题
=_______.
下列可以获得构件前景色的方法是()。
选定当前窗口中的所有文件的快捷键组合是()
在中药注射剂中,既可以用作抑菌剂,又可以用作止痛剂的附加剂是
下面程序main(){inta[10]={1,2,3,4,5,6,7,8,9,10},*p=a;printf("%d\n",*(p+2));}的输出是()
下列选项中关于房地产估价机构资质的说法不正确的是()
(2005年第68题)在慢性胃炎的发病机制中,与幽门螺杆菌感染无关的因素是
患者,女,34岁,已婚。月经50余天一行,量少,色暗,少腹胀闷,胸胁乳房作胀,舌苔薄白,脉弦。治疗应首选
以下行为属于侵犯教师权利的是()。
公安指挥工作主要有()。
最新回复
(
0
)