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
2015-01-09
18
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.
A sudden,sharp decline in the value of securities is called____.
选项
A、a trade
B、speculation
C、investment
D、a crash
答案
D
解析
本题的四个选项中,只有D项为正确答案。这可从文中的“In 1929,the security exchange,or stockmarket,contributed to a crash-a sudden sharp decline in the value of securities.”推知。
转载请注明原文地址:https://jikaoti.com/ti/qY6YFFFM
0
考博英语
相关试题推荐
Fewnumberstellahappierstorythanthosethatmeasurelifeexpectancy.AnAmericanbornin1900couldexpecttolive47years
2009wastheworstyearfortherecordlabelsinadecade.【C1】______was2008,andbeforethat2007and2006.Infact,industryr
Everytimeanoldbuildingistorndowninthiscountry,andanewbuildinggoesup,thegroundfloorbecomesabank.There
ASincethenineteenthcenturybecamethetwentieth,BlackbandsBwerebeingheardmoreandmoreonthestreetsofNewOrleans.C
Thetwonewspapersgavedifferent______ofwhathappened.
IntheUnitedStatesandinmanyothercountriesaroundtheworld,therearefourmainwaysforpeopletobe【1】aboutdevelopment
Parentshavetoshowdueconcernstotheirchildren’screativityandemotionaloutput)otherwisewhattheythinkbeneficialtoth
Ifincomeistransferredfromrichpersonstopoorpersonstheproportioninwhichdifferentsortsofgoodsandservicesarepro
Friedfoodshavelongbeenfrownedupon.Nevertheless,theskilletisaboutourhandiestandmostusefulpieceofkitchenequipm
Rescueteamsfromallovertheworld_____ontheearthquake-strickenareaafterthenewsspreadthatthequake,whichmeasured7.
随机试题
规章只能设定临时性行政许可。()
下面()协议运行在TCP/IP参考模型的网际层。
A.腹部叩诊移动性浊音阳性B.振水音阳性C.液波震颤阳性D.水坑征阳性E.肝浊音区消失中量腹水1000mL左右()
A、强制管理传染病B、监测管理传染病C、严格管理传染病D、不必进行管理的传染病E、不必向卫生防疫机构报告疫情流行性乙型脑炎()
可能突然散发大量有害气体或有爆炸危险气体的建筑物,应设置()。
常用水泥的技术要求包括()。
定期折算条款旨在将()的约定收益分配给其持有人。
根据《中华人民共和国个人所得税法》及其实施条例的规定,个体工商户每一纳税年度发生的广告费和业务宣传费用不超过当年销售(营业)收入()的部分可据实扣除。
中国无产阶级除了具有与先进的生产方式相联系、没有私人占有的生产资料、富于纪律性等一般无产阶级的基本优点外,还有自身的特点和优点,包括
WriteacompositionentitledLearningChineseFeverintheWorld.Youshouldwriteatleast150wordsaccordingtotheoutlineg
最新回复
(
0
)