首页
登录
职称英语
Security and commodity exchanges are trading posts where people meet who wis
Security and commodity exchanges are trading posts where people meet who wis
游客
2025-04-28
43
管理
问题
Security and commodity exchanges are trading posts where people meet who wish to buy and sell. The exchanges themselves do no trading,they merely provide a place where prospective buyers and sellers can meet and conduct their business.
Wall Street,although the best known,is not home of exchanges in the United States. There are the cotton exchanges in New Orleans and Chicago; the Mercantile Exchange which deals in many farm products in Chicago; and grain exchanges in many of the large cities of the Midwest. Some exchanges,like Chicago Board of Trade,provide market services for several kinds of products. These trading posts where products may be brought or sold are called commodity exchanges.
The security exchanges,on the other hand,are meeting places where stocks and bonds are traded. Like the commodity exchanges,they help serve the economic life of the country. But when their operations get out of hand,they may become very dangerous. In 1929,the security exchange,or stock market,contributed to a crash-a sudden sharp decline in the value of securities. Many people lost fortunes; many corporations were bankrupted; many workers lost their jobs. The crash of 1929 has been attributed to many causes,among them wild and unwise speculation by many people and dishonest practices on the part of some business and of some members of the exchanges.
Today,however,investing through security exchanges and trading on commodity exchanges has been made safer by regulations set up by the exchanges themselves and by regulations of the United States government. In 1922,the government instituted the Commodity Exchange Commission which operates through the Department of agriculture; and in 1934,the Securities Exchange Commission,to protect investors and the public against dishonest practices on the exchanges. [br] Which of the following is the reason for the Crash in 1929?
选项
A、High taxation for trade.
B、Tricks of some businessman.
C、Speculation of some people.
D、Strict regulation of the state.
答案
C
解析
本题的四个选项中,只有C项为正确答案。这可从文中的“The crash of 1929 has been attributedto many causes,among them wild and unwise speculation by many people and dishonest practices onthe part of some business and of some members of the exchanges.”推知。
转载请注明原文地址:https://tihaiku.com/zcyy/4057596.html
相关试题推荐
Securityandcommodityexchangesaretradingpostswherepeoplemeetwhowis
Securityandcommodityexchangesaretradingpostswherepeoplemeetwhowis
Thedaywasbreakingandpeoplebegantogotoworksothemurdererwasunablet
It’saseriouscrimethatpeople____goodsoutofChinatoavoidpayingcustomsd
Doyouagreeordisagreewiththefollowingstatement?Peopleneversati
ThegrowingtradegapbetweentheUnitedStatesanditstradingpartnerswouldc
Mostgreatartistsareexceptionally_______people.A、sensitizedB、sensitiveC、sen
Nearly1,000peoplearepresumeddeadaschances______offindingmoresurvivors
Inthesetimes,whenourformofgovernmentisbeingcriticizedbypeopleof
Thereisnoquestionthattheoldstyleofairpollutioncouldkillpeople.I
随机试题
Nowadaysgroupsofscientificworkers,oftensupposedbytheirgovernments,
【B1】[br][originaltext]It’smyhonortobeheretonight.Ourorgani
AccordingtorecentUnitedStatesDepartmentofAgriculture(USDA)projection
干粉罐和氨气瓶组中需现场制作的连接管道应采取防雨措施。
下列哪一种情况应按建筑物的自然层计算建筑面积?( )A.建筑物内的上料平台
桥梁结构构配件支座分为()。A.板式支座(四氟板支座) B.盆式橡胶支座
下列各项中,可用来测试内部控制执行有效性的方法是:A.分析 B.函证 C.外
A.滋养体B.包囊C.两者均有D.两者均无E.以上都不是溶组织内阿米巴
下列属于现金满足投资比率特性的是()。 A.该比率越大,说明资金自给率越小
0A测试内容不包括( )。A.输入光功率 B.输出光功率 C.噪声系数
最新回复
(
0
)