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  3. The American economic system is organized around a basically private-enterprise, market-oriented economy in which consumers larg

The American economic system is organized around a basically private-enterprise, market-oriented economy in which consumers larg

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问题     The American economic system is organized around a basically private-enterprise, market-oriented economy in which consumers largely determine what shall be produced by spending their money in the market-place for those goods and services that they want most. Private businessmen, striving to (47)______ profits, produce these goods and service in (48)______ with  other businessmen; and the profit motive, operating under competitive pressures, largely determines how these goods and services are produced. Thus, in the American economic system it is the (49)______ of individual consumers, coupled with the desire of businessmen to maximize profits and the desire of individuals to maximize their incomes, that together (50)______ what  shall be produced and how resources are used to produce it.
    An important factor in a market-oriented economy is the mechanism by Which consumers’ demands can be expressed and responded (51)______ by producers. In the American economy, this mechanism is provided by a price system, a process in which prices rise and (52)______ in response to relative demands of consumers and supplies offered by seller-producers. If the product is in short supply relative to the demand, the price will be bid up and some consumers will be (53)______ from the market. If, on the other (54)______, producing more of a commodity results in reducing its cost, this will tend to increase the supply offered by seller-producers, which in turn will lower the price and permit more consumers to buy the product. Thus, price is the regulating mechanism in the American economic system.
   The important factor in a private-enterprise economy is that individuals are allowed to own productive resources(private property), and they are permitted to hire labor, gain (55)______ over natural resources, and produce goods and services for sale at a profit. In the American economy, the concept of private property (56)______ not only the ownership of productive resources but also certain rights, including the right to determine the price of a product or to make a free contract with another private individual.

                 Word Bank:
A. eliminated                  I. make
B. implies                     J. to
C. embraces                    K. in
D. hand                        L. fall
E. determine                   M. decrease
F. control                     N. demand
G. competition                 O. compete
H. determination

选项
答案N
解析 首先判断空格处应填名词,又根据上下文可知：消费者个人的需求以及其他因素决定了应该生产什么东西以及如何利用资源去进行生产。故选择demand需求,the demand of sb. 意为“某人的需求”。
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