首页
登录
职称英语
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
2024-02-17
22
管理
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 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 institution, 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] All the essential services on which we depend are ______.
选项
A、run by the Government or our local authorities
B、in constant need of financial support
C、financed wholly by rates and taxes
D、unable to provide for the needs of the population
答案
B
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3457860.html
相关试题推荐
Asapublicrelationsofficer,heissaid______(认识几个非常有影响力的人).tohaveknownsome
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
随机试题
Thesecondlittlepigwasunlucky.Hebuilthishousefromsticks.Itwasbl
AnEnglishnewspaperiscurrentlyrunningadiscussiononwhetheryoungpeop
Tsunamis[A]UpuntilDecemberof2004,thephenomenonoftsunamiwasnot
[originaltext]Frenchfar-rightleaderMarineLePenhascalledforanendt
私募股权投资基金一般是从事( )交易的股权。A.公开 B.新兴 C.非公开
与红细胞缗钱状形成有关的因素是A、纤维蛋白原降低B、球蛋白降低C、红细胞表面
坚持数量与质量并重,在增加总量的同时,更加注重质量,实行集约经营、可持续经营,努
A.抗炎作用很弱 B.对癌症疼痛有效 C.小剂量可防止血栓形成 D.主要用
在Excel2003中,单元格的引用是基于工作表的列标和行号在进行绝对引用时,
A.Ⅰ度子宫脱垂 B.Ⅱ度重子宫脱垂 C.正常子宫位置 D.Ⅲ度子宫脱垂
最新回复
(
0
)