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  3. One phase of the business cycle is the expansion phase. This phase is a two-

One phase of the business cycle is the expansion phase. This phase is a two-

游客2025-05-06  39
问题     One phase of the business cycle is the expansion phase. This phase is a two-fold one, including recovery and prosperity. During the recovery period there is ever-growing expansion of existing facilities, and new facilities for production are created. More businesses are created and older ones expanded. Improvements of various kinds are made. There is an ever increasing optimism 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 one part of the economy develops, other parts are affected. For example, a great expansion in automobiles results in an expansion of the steel, glass, and rubber industries. Roads are required. Thus the cement and machinery industries are stimulated. Demand for labor and materials results in greater prosperity for workers and suppliers of raw materials, including farmers. This increases purchasing power and the volume of goods bought and sold. Thus prosperity is diffused among the various segments of the population. This prosperity period may continue to rise and rise without an apparent end. However, a time comes when this phase reaches a peak and stops spiraling upwards. This is the end of the expansion phase.  [br] Prosperity in one industry ______.
选项 A、reflects itself in many other industries
B、will spiral upwards
C、will affect the steel industry
D、will end abruptly
答案 A
解析 一个产业的繁荣会在其他许多产业中有所反映。作者在文中说，汽车产业的大发展导致了钢铁、玻璃和橡胶产业的发展。对道路的需求促进了水泥和机械产业的发展。
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