Large companies need a way to reach the savings of the public at large. The

游客2025-03-23 6

问题 Large companies need a way to reach the savings of the public at large. The same problem, on a smaller scale, faces practically every company trying to develop new products and create new jobs. There can be little prospect of raising the sort of sum needed from friends and people we know. and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for long-term projects. So companies turn to the public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits. This they do by issuing stocks and shares in the business through the Stock Exchange. By doing so they can put into circulation the savings of individuals and institution, both at home and overseas.
When the saver needs his money back, he does not have to go to the company with which he originally placed it. Instead, he sells his shares through a stockbroker (证券经纪人) to some other saver who is seeking to invest his money.
Many of the services need both by industry and by each of us are provided by the Government or by local authorities. Hospitals, roads, electricity, telephones, equipment and new development, if they are to serve us properly, require more money than is raised through taxes alone. The government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to the Stock Exchange.
There is hardly a man or woman in this country whose job or whose standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance. [br] The Stock Exchange makes it possible for the Government, local authorities and nationalized industries ______.

选项 A、to raise money to finance new development
B、to borrow as much money as they wish
C、to make certain everybody lend money to them
D、to make certain everybody save money

答案 A

解析本题是细节题。文中第三段最后说The government，local authorities，and nationalized industries therefore frequently need to borrow money to finance major capital spending，and then too，come to the Stock Exchange，A选项是对此的同义转述。原文未说as much as they wish，故排除B选项。C、D选项原文未提及。

转载请注明原文地址:http://tihaiku.com/zcyy/4009371.html

相关试题推荐

随机试题

最新回复(0)

Large companies need a way to reach the savings of the public at large. The

Themostnoticeabletrendamongtoday’smediacompaniesisverticalintegrat

Themostnoticeabletrendamongtoday’smediacompaniesisverticalintegrat