There are various ways in which individual economic units can interact with one another. These basic ways may be described as the market system, the administered system, and the traditional system.
In a market system individual economic units are free to interact among each other in the marketplace. It is possible to buy goods from other economic units or sell goods to them. In a market, transactions may take place through barter or money exchange. In a barter economy, real goods such as automobiles, shoes, and rice are traded against each other. Obviously, finding somebody who wants to trade my old car in exchange for a sail-boat may not always be an easy task. Hence, the introduction of money as a medium of exchange eases transactions considerably. In the modern market economy ? goods and services are bought or sold for money.
An alternative to the market system is administrative control by some agency over all transactions. This agency will issue commands as to how much of each goods and service should be produced, and consumed by each economic unit. Central planning may be one way of running such an economy. The central plan, drawn up by the government, shows the amounts of each goods produced by the various firms and shared among different households for consumption. This is an example of complete planning of production, consumption, and exchange for the whole economy.
In a traditional society, production and consumption patterns are governed by tradition; every persons place within the economic system is fixed by fatherhood or motherhood, religion, and custom. Transactions take place on the basis of tradition, too.
26. The main purpose of the passage is______.
A. to outline different types of economic systems
B. to explain the science of economics
C. to argue that one economic system is better than the others
D. to compare barter and money-exchange markets
27. In the second paragraph, the word real could best be replaced by______.
A. high quality B. special
C. actual D. exact
28. Which of the following statements is TRUE according to the passage?
A. The author prefers the market system to either the administered system or the traditional system.
B. In an administered system only the government makes decision.
C. In a market economy services can be sold or bought.
D. The traditional system is good for a society which asks for little progress.
29. According to the passage, a barter economy can lead to______.
A. rapid speed of transaction B. misunderstanding
C. inflation D. difficulties for traders
30. According to the passage, who has the greatest degree of control in an administered system?
A. Individual household. B. Major corporations.
C. Small businesses. D. The government.
26. A 27. C 28. C 29. D 20. D
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2017届高考英语一轮总复习单元测试(五)
2017届高考英语一轮总复习精选单元练习人教版必修2《Unit 5 Music》
2017届高考英语一轮总复习精选单元练习人教版必修1《Unit 4 Earthquakes》
2017届高考英语一轮总复习精选单元练习人教版必修5《Unit 4 Making the news》
2017届高考英语一轮总复习精选单元练习人教版选修6《Unit 3 A healthy life》
2017届高考英语二轮热点复习专题训练:语法单选题系列20
2017届高考英语一轮总复习精选单元练习人教版必修5《Unit 3 Life in the future》
2017届高考英语一轮总复习精选单元练习人教版必修4《Unit 1 Women of achievement》
2017届高考英语二轮热点复习专题训练:语法单选题系列25
2017届高考英语一轮总复习精选单元练习人教版必修2《Unit 1 Cultural relics》
2017届高考英语一轮总复习单元测试(十四)
2017届高考英语二轮热点复习专题训练:语法单选题系列2
2017届高考英语二轮热点复习专题训练:语法单选题系列21
2017届高考英语二轮热点复习专题训练:语法单选题系列16
2017届高考英语二轮热点复习专题训练:语法单选题系列1
2017届高考英语二轮热点复习专题训练:语法单选题系列26
2017届高考英语一轮总复习精选单元练习人教版选修6《Unit 2 Poems》
2017届高考英语二轮热点复习专题训练:语法单选题系列23
2017届高考英语一轮总复习精选单元练习人教版必修4《Unit 2 Working the land》
2017届高考英语一轮总复习精选单元练习人教版必修3《Unit 1 Festivals around the world》
2017届高考英语一轮总复习单元测试(一)
2017届高考英语一轮总复习精选单元练习人教版必修2《Unit 2 The Olympic Games》
2017届高考英语一轮总复习精选单元练习人教版必修4《Unit 5 Theme parks》
2017届高考英语一轮总复习精选单元练习人教版必修3《Unit 5 Canada—“The True North”》
2017届高考英语一轮总复习精选单元练习人教版必修3《Unit 3 The Million Pound Bank Note》
2017届高考英语一轮总复习单元测试(十一)
2017届高考英语一轮总复习单元测试(十六)
2017届高考英语一轮总复习精选单元练习人教版必修2《Unit 4 Wildlife protection》
2017届高考英语一轮总复习精选单元练习人教版必修2《Unit 3 Computers》
2017届高考英语一轮总复习单元测试(十九)