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  3. The business cycle is composed of many phases and one of them is the expansi

The business cycle is composed of many phases and one of them is the expansi

游客2023-09-21  53
问题     The business cycle is composed of many phases and one of them is the expansion phase. This phase is a two-fold 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 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 labor 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 labor 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. [br] Which is probably the best title for this passage?
选项 A、Development of Economy.
B、Recovery of Economy.
C、Expansion of Economy.
D、Prosperity of Economy.
答案 C
解析 主旨大意题。本题询问下面哪一项最适合作为这篇文章的题目。这篇文章主要讲了经济扩张阶段的情况，详细介绍了其中经济复苏与经济繁荣两个阶段，故选项C为正确答案。
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