2. 职称英语
  3. Large companies need a way to reach the savings of the public at large. The

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

游客2025-04-14  51
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 sums 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 institutions, both at home and overseas.
    When the saver needs his money back, he does not have to go to the company with whom he originally placed it. Instead, he sells his shares through a stockbroker to some other saver who is seeking to invest his money.
    Many of the services needed both by industry and by each of us are provided by the Government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The Government, local authorities, and nationalized industries therefore frequently needed 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] Almost all companies involved in new production and development must______ .
选项 A、rely on their financial resources
B、persuade the banks to provide long-term finance
C、borrow large sums of money from friends and people we know
D、depend on the population as a whole for finance
答案 D
解析 细节推断题。根据题干关键词new production and development定位到原文首段前两句。首段前两句中的Large companies和a smaller scale被题干概括为Almost all companies。原文首段首句中的the savings of the public at large(得到整个公众的储蓄)与选项D对应。故答案为D。
转载请注明原文地址:http://tihaiku.com/zcyy/4037380.html
相关试题推荐
随机试题
最新回复(0)