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  3. The business cycle is composed of many phases and one of them is the expansion phase. This phase is a twofold one, including rec

The business cycle is composed of many phases and one of them is the expansion phase. This phase is a twofold one, including rec

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问题         The business cycle is composed of many phases and one of them is the expansion phase. This phase is a twofold one, including recovery and prosperity.
        During the recovery period there is an ever-growing expansion of existing equipment. And new facilities for production are created. More businesses are created and older ones are expanded. Improvements of serious kinds are made. There is an ever increasingly positive view about the future of economic growth. Much capital is invested in machinery or heavy industry. More labour is employed. More raw materials are required.
        As more parts of the economy develop, other parts are affected. For example, the expansion in automobiles results in an expansion of the steel and rubber industries. Roads are required; thus the cement and machinery industries are activated. Demand for labour and materials results in greater prosperity for workers and suppliers of raw materials. This increases the amount of goods bought and sold. Thus prosperity develops among the various parts of the population.
        This prosperity period may continue to rise without an obvious end. However, a time comes when this phase reaches a peak and stops going upwards. This is the end of the expansion phase.
Which is probably the best title for this passage?
选项 A、Development of the Economy
B、Recovery of the Economy
C、Expansion of the Economy
D、Prosperity of the Economy
答案C
解析 根据第一段可知，商业周期的其中一个阶段就是经济护张阶段，这一阶段包括经济复苏与经济繁荣两个时期，接下来讲述了在这两个时期中经济扩张的特征，以及经济扩张的终结标志，从面向我们展示了经济扩张的发展机制。故选C。
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