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The business cycle is made up of many phases and one of them is the expansion
The business cycle is made up of many phases and one of them is the expansion
游客
2023-09-19
30
管理
问题
The business cycle is made up of many phases and one of them is the expansion phase which is divided into two parts—recovery and prosperity.
During the recovery period there is a growing expansion of existing equipment. And new facilities for production are created. More businesses are created and older ones expand. Many kinds of important improvements are made. People hold increasingly positive view 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 more economy departments develop, other departments are affected. For example, the expansion in automobiles results in an expansion of the steel and rubber industries. Roads are required: thus the cement and machinery industries are activated. Demand for labor and materials results in greater prosperity for workers and suppliers of raw materials. This increases the amount of goods bought and sold. This prosperity can be seen among the various parts of the population.
This prosperity period may continue to rise without an obvious end. However, when this phase reaches a peak and stops going upwards, it is the end of the expansion phase. [br] We can infer from the last paragraph that______.
选项
A、the end of one business expansion will certainly happen
B、the business can expand endlessly
C、economic expansion is fast
D、economic rise to the peak is slow
答案
A
解析
根据文中最后一段可知经济扩张达到繁荣阶段停滞不前,意味着扩张阶段的结束;又根据第一段的内容可知经济发展是周期性的,由此可知一种商业的繁荣一定会结束,这是不可避免的。故选A。
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