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The business cycle is made up of many phases and one of them is the expansio
The business cycle is made up of many phases and one of them is the expansio
游客
2023-09-21
68
管理
问题
The business cycle is made up of many phases and one of them is the expansion phase which is divided into two parts—recovery and prosperity.
During the recovery period there is a growing expansion of existing equipment. And new facilities for production are created. More businesses are created and older ones expand. Many kinds of important improvements are made. People hold 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 economy departments develop, other departments 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. This prosperity can be seen among the various parts of the population.
This prosperity period may continue to rise without an obvious end. However, when this phase reaches a peak and stops going upwards, it is the end of the expansion phase. [br] What’s the passage mainly about?
选项
A、development of economy
B、recovery of economy
C、 expansion of economy
D、 prosperity of economy
答案
C
解析
根据第二段最后一句:“A student who has held one of these positions of authority is much respected and it will be helpful to him later in his career.”可知一些学生热衷于学生会的组织的职位,主要是因为它有益于将来的就业。故选C。
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