2. 外语
  3. Large companies need a way to reach the savings of the public at large. The stone problem, on a small scale, faces practically e

Large companies need a way to reach the savings of the public at large. The stone problem, on a small scale, faces practically e

admin2012-10-30  102
问题     Large companies need a way to reach the savings of the public at large. The stone problem, on a small 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, 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(流通) 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-broker(股票经纪人) 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 need 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.
选项 A、persuade the banks to provide long-term finance
B、rely on their own financial resources
C、borrow large sums of money from friends and relatives
D、depend on the population as a whole for finance
答案D
解析 细节题。由题干develop new products and create new jobs 可定位至首段第四句So companies  turn to the public inviting people to lend them money…“(这样的)公司需转向社会公众筹措资金…”，这与D吻合。
转载请注明原文地址:https://www.kaotiyun.com/show/sEw7777K
0

大学英语四级

相关试题推荐
随机试题
最新回复(0)