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
2025-04-14
27
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 the 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 institutions, 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
A
解析
细节推理题。根据原文第三段尾句。原句中的The Government,local authorities与选项A重现、政府、地方政府和国营企业需要不断地借钱来筹集资金。故答案为A。
转载请注明原文地址:https://tihaiku.com/zcyy/4037383.html
相关试题推荐
Somecompanieshaveintroducedflexibleworkingtimewithlessemphasisonpress
Isitproperforthegovernmentto______publicopinionthroughself-serving,one
(复旦大学2009年试题)Hereisagreatironyof21st-centuryglobalpublichealth;Wh
(复旦大学2009年试题)Hereisagreatironyof21st-centuryglobalpublichealth;Wh
(复旦大学2009年试题)Hereisagreatironyof21st-centuryglobalpublichealth;Wh
(复旦大学2009年试题)Hereisagreatironyof21st-centuryglobalpublichealth;Wh
Somepollsshowthatroughlytwo-thirdsofthegeneralpublicbelievethatelder
Thetwopharmaceuticalcompaniescollaboratedindevelopingnewdrugsto______th
ThePresident______thepublicthattaxeswouldnotbeincreasedaftertheelecti
Amongthemanywaysinwhichpeoplecommunicatethroughspeech,publicspeak
随机试题
中国自改革开放以来开发了不少海上油田。Chinahasfoundmanyoffshoreoilfieldssincethebeginningo
[originaltext]Weknowthatwehavetopayforwhatweget.Ifwebuyfood,
Comparisonsweredrawnbetweenthedevelopmentoftelevisioninthe20thce
Everybodywantstogetwealthy.Intoday’s【B1】______world,makingmoneyor
下列各项中,与货币资金相关的内部控制应当采取的措施不包括()。A.定期核对检查
A.近曲小管 B.远曲小管 C.肾小管 D.集合管 E.肾小球肾单位不包
南京市一家测绘资质单位要使用江苏省域内1∶5万国家基本比例尺地图和数字化产品,根
糖皮质激素是由人体肾上腺皮质分泌生成的一种类固醇激素,具有调节糖、脂肪和蛋白质的
当设计无要求时,室外疏散楼梯的疏散出口门应采用()级防火门。A.甲 B.
行业安全生产标准对同一安全生产事项的技术要求,()国家安全生产标准。A.可以高
最新回复
(
0
)