2. 考研
  3. 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

admin2015-02-12  68
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.
In paragraph 2, the author states that few have personal memories of the 1929 crash before citing the present attitude of investors in order to______.
选项 A、testify to the memory of investors
B、show that investors act the same way throughout time periods
C、stress the lasting impact of the crash
D、criticize the present attitude of investors
答案C
解析 属信息推断题。第二段第一句指出：亲身经历过1929年经济危机的人现在已经所剩无几，但即便在今天，这次危机也依然影响着审慎投资者的一举一动。随后的句子是具体的描述。句中but、still和today的使用更是突出了这次危机造成的长久影响，而不是用来检测投资者的记忆力(选项A)，也不是来批评目前投资者的态度(选项D)。选项B与本句的意义正好相矛盾。因此，选项C正确。
转载请注明原文地址:https://kaotiyun.com/show/pE74777K
0

考研英语一

相关试题推荐
随机试题
最新回复(0)