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
2011-03-14
54
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
本题考查分析判断能力。第三段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.此句话给出了导致1929年股市崩盘的原因。
转载请注明原文地址:https://kaotiyun.com/show/S5BO777K
0
考博英语
相关试题推荐
•Readthearticlebelowabouttheimportanceofhiringrightpeople.•ChoosethecorrectwordtofilleachgapfromA.Bor
•Lookatthelistbelow.Itshowsarticlesinabusinesswebsite.•Forquestions6-10,decidewhicharticle(A-H)eachperson
•ReadtheminutesbelowfromaHealthandSafetycommitteemeeting.•ChoosethecorrectwordtofilleachgapfromA,BorCon
Delegatesareaskedtocheckoutby10:30a.m.Thedelegatesshouldleavetheirrooms______.
EnjoyingYourcareerMybusinessismyhobby,’someonetellsyou.’IwishIcouldmakealivingfrommyhobby,’youmaythin
ThereisnothinginscienceAstalingthatitisgoodtoattempttosavehumanlives.SavingHumanlivesBseemstobeaCgenerall
Potentiallyofferingapowerfulnewtoolagainstterrorism,researchershavefoundanovelwaytodetectdeception:intheliar’
TheLondonterroristattacksonJuly7andJuly21changedBritishPrimeMinisterTonyBlair.Hehadlongbeenreluctanttomake
Regularuseofthismoisteningcreamwillhelpto______therough,dryconditionofyourskin.
充分发挥个体、私营等非公有制经济在促进经济增长、扩大就业和活跃市场等方面的重要作用。放宽国内民间资本的市场准入领域,在投融资、税收、土地使用和对外贸易等方面采取措施,实现公平竞争。依法加强监督和管理,促进非公有制经济健康发展。完善保护私人财产的法律制度。
随机试题
基金的会计核算对象不包括()。
石瘿的病因病机有:
最适宜用来鉴别慢性粒细胞白血病(CML)与类白血病反应的细胞化学染色是()。
纵向水平杆各接头中心至最近主节点的距离不宜大于纵距的1/3。下列关于纵向水平杆的要求中,说法错误的是()。
A公司向B公司购买一批钢材,A公司将一张汇票背书转让给B公司作为付款,背书时注明“货到后此汇票方生效”,对此理解正确的有()。
股份制企业在分配股息、红利时,以股票形式向股东个人支付应得的股息、红利,应以派发股息红利的( )为收入额,计征个人所得税。
关于国有企业改组为股份公司时的股权界定,以下说法正确的是()。
贴息贷款合同应按规定缴纳印花税。()
常采用的两种存储结构是()。
NursingatBethIsraelHospitalproducesthebestpatientcarepossible.Ifwearetosolvethenursingshortage,hospitaladmin
最新回复
(
0
)