Text 3
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 prospects of
raising the sort of sums need from friends and people we know, and while banks
may agree to provide short term finance, they are generally unwilling to provide
money on permanent basis for long-term project. So companies turn to the public,
inviting people to lend them money, or take a share 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 stock
A. rely on their own financial resources
B. persuade the banks to provide long-term finance
C. borrow large sums of money from friends and people they know
D. depend on the population as a whole for finance
[单项选择]
Text 3
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 prospects of raising the sort of sums need from friends and people we know, and while banks may agree to provide short term finance, they are generally unwilling to provide money on permanent basis for long-term project. So companies turn to the public, inviting people to lend them money, or take a share 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
A. rely on their own financial resources
B. persuade the banks to provide long-term finance
C. borrow large sums of money from friends and people they know
D. depend on the population as a whole for finance
[单项选择] {{B}}Text 1{{/B}}
One of the largest mental health
problems in the United States is that of compulsive gambling. Although there are
no scientific studies that have discovered the exact number, experts estimate
that between five and ten million persons are compulsive gamblers.
Like addicting to alcohol or narcotics, compulsive gambling crosses all
social and economic lines. Compulsive gamblers can be found in any profession
and at any level of society. And the addiction affects both men and
women.
The gambling compulsion usually starts in the early
teens. The more often the young gambler indulges in the compulsion, the more
obsessive it becomes. By his early twenties, the average compulsive gambler has
moved from small bets on such things as football games, horse races, and card
games to more adult, more expensive, gambling forms.
A. young men only
B. women only
C. elders only
D. both men and women
[单项选择]{{B}}Text 3{{/B}}
Companies with large scale need a way
to reach the savings of the public at large. The same problem, with 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 require 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, persuading people to lend
them money, or take a share in the business in exchange for a share in future
profits. Thus they do by issuing stocks and shares in the business through the
Stock Exchange. Only by doing so can they put into circulation the savings of
individuals both at home and abroad.
When the saver needs his
money back, he does not have
A. repaid to its original owners as soon as possible
B. raised by the selling of shares in the companies
C. exchanged for part ownership in the Stock Exchange
D. invested in different companies in the Stock Exchange
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