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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
admin
2020-04-01
19
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 marketplace for those goods and services that they want most. Private businessmen, striving to make profits, produce these goods and services in competition 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 demand of individual consumers, coupled with the desire of businessmen to maximize profits and the desire of individuals to maximize their incomes, that together determine 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 consumer demands can be expressed and responded to by producers. In the American economy, this mechanism is provided by a price system, a process in which prices rise and fall 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 eliminated from the market. If, on the other hand, 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 control over natural resources, and produce goods and services for sale at a profit. In the American economy, the concept of private property embraces 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.
We can learn from the passage that in market-oriented economy_____.
选项
A、consumers are the only factor to determine what shall be produced
B、how goods and services are produced is mainly conducted by the profit motive
C、the American economic system is exactly a market-oriented economy
D、businessmen can produce more goods in order to earn more profits
答案
B
解析
首段第2句中的第2个分句提到,在竞争压力下进行经营的牟利动机,将在很大程度上决定如何生产和提供消费者最希望获得的产品和服务。也就是说,产品和服务是如何提供的主要由牟利动机决定,故选项B正确。
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0
大学英语四级
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