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  3. The American economic system is organized around a basically private enterp

The American economic system is organized around a basically private enterp

游客2023-09-09  42
问题      The American economic system is organized around a basically private enterprise. It’s【B1】______ economy in which consumers determine what shall be produced by spending their money for those goods and services. Private businessmen,【B2】______ to make their profits, produce these goods and services in【B3】______ with other businessmen, and the profit【B4】______ , operating under competitive pressures, largely【B5】______ how these goods and services are produced. Thus, in the American economic system it is the demand of individual consumers,【B6】______ with the desire of businessmen to gain more profits and the desire of individuals to【B7】______ their incomes, that together determine what shall be produced and how  【B8】______ are used to produce it.
     If, on the other hand,【B9】______ , which in turn will lower the price and permit more consumers to buy the product. In the American economy, this mechanism is provided by a price system, a process in which prices rise and fall in response to relative demands of consumers. If the product is in short reply relative to the demand, the price will be a bit up and some consumers will be eliminated from the market.【B10】______ . Thus, price is the regulating mechanism in ’the American economic system.
     The important factor in a private-oriented economy is that individuals are permitted to hire labor, gain control over natural resources, and produce goods and services for sale at a profit. In the American economy,【B11】______ . including determining the price or making a free contract. [br] 【B9】
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答案 An important factor in a market=oriented economy is the mechanism by which consumer demands can be expressed and responded to by producers
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