首页
登录
职称英语
Tulips were introduced into Holland before the 17th century but it did not t
Tulips were introduced into Holland before the 17th century but it did not t
游客
2023-09-08
35
管理
问题
Tulips were introduced into Holland before the 17th century but it did not take long for the flowers to gain popularity among the upper classes. Flowers of such beauty and rarity soon be came symbols of power and prestige and the rich tried their utmost to lay their hands on some to display in their gardens.
By 1634, the whole country was so fascinated by tulips that all other activities almost came to a stop. People were trading in tulips and even buying and selling unsprouted flowers. It was similar to the futures market today, where traders are buying and selling crude oil or cotton which they will never see. As the tulip trades increased, regular markets were set up on the Stock Exchange of Amsterdam and other towns. That happened in the year 1636 when the craze was reaching its peak.
The bubble finally burst in 1637. For some unknown reasons maybe a group of people suddenly realized the madness tulips failed to command the usual inflated prices in a gathering. Word spread and the market crashed. As in all asset bubbles, it took time to propel prices to such extraordinary levels, but it only took a single pierce to burst the bubble. When confidence was destroyed, it could not be recovered and prices kept falling until they were one-tenth of those set during the peak. Soon the nobles became poor and the rich became paupers (贫民). Cries of distress resounded everywhere in Holland.
Why do investment professionals like to bring up this story that happened centuries ago? This is because greed is part of human nature and short memory is an investor trait, we just never seem to learn from past mistakes. Recently, many have pointed to the American investors’ madness over Internet stocks as another "tulip craze". Whether these are really "Internet tulips" remain to be seen. However there are tell-tale signs that the buying is overdone.
There is no denial that the Internet is an important development in this century, but it is madness when every Internet stock jumps in multiples and every company that announces con ducting their business over the net witnesses their stock prices going up. Not to mention that some of these Internet stocks are trading at hundreds times PE (本益比) and some will not report any profit for the next few years! [br] Tulips became popular among the upper classes because they associated the flowers with ______.
选项
答案
power and prestige
解析
首段末句中的and表明两个分句形成隐含的因果关系,可见郁金香广受上层社会的欢迎,是因为人们把它当作了权力和威望的象征,题干中的associate…with…也有“把……当作……”之意,power and prestige为答案。
转载请注明原文地址:https://tihaiku.com/zcyy/2996144.html
相关试题推荐
It’safactoflifeinthe21st-centuryworkplace:Thebossmaywellbewatc
It’safactoflifeinthe21st-centuryworkplace:Thebossmaywellbewatc
It’safactoflifeinthe21st-centuryworkplace:Thebossmaywellbewatc
[originaltext]Yearsagobeforetherewererefrigerators,anicehousewasa
[originaltext]Yearsagobeforetherewererefrigerators,anicehousewasa
NeverbeforeinmylifehaveIseenaman______(如引幽默,竟然把在场的每个人逗笑了).sohumorous
Hadtheyboughtthehousebeforethewar,______(他们现在可以以于原来十倍的的价格将其出售).theyco
Bythemid-nineteenthcentury,theterm"icebox"hadenteredtheAmericanl
Forwelloveracentury,onestreetinNewYorkCityhasbeenknownforthe
Forwelloveracentury,onestreetinNewYorkCityhasbeenknownforthe
随机试题
Peopletravelinglongdistancesfrequentlyhavetodecidewhethertheywould
[originaltext]M:Say,Lisa,whatareyouwatching?W:AnoldJapanesefilm.I’m
[originaltext]W:Dan,didyouwanttoseeme?M:Oh,yes,Sue,pleasesitdown.
[originaltext]W:Idon’tthinkIcanhandleallofthesebooksforthiscourse.
A.3倍 B.2倍 C.9倍 D.不变
材料: 以下是教师在“通过激素的调节”教学过程片段: 师:你还记得我们初中学
患者,女性,39岁,已有数年怕热、多汗、心率115/min,多食、消瘦,检查发现
下列哪一药物脂溶性最高A.硫喷妥 B.司可巴比妥 C.苯巴比妥 D.异戊巴
心悸实证的病机是 A.痰热扰心B.心阳不振C.心血瘀阻D.心肾不交
进行客户身份识别,不能向公安、工商行政管理等部门核实客户的有关身份信息。()
最新回复
(
0
)