The American economic system is organized around a basically private-enterprise, market-oriented economy in which consumers largely determine what shall be produced by spending their money in the marketplace for those goods and services that they want most. Private businessmen, striving to make profits, produce these goods and services in competition with other businessmen; and the profit motive, operating under competitive pressures, largely determines how these goods and services are produced. Thus, in the American economic system it is the demand of individual consumers, coupled with the desire of businessmen to maximize profits and the desire of individuals to maximize their incomes, that together determine what shall be produced and how resources are used to produce it.
An important factor in a market-oriented economy is the mechanism by which consumer demands can be expressed and responded to by producers. In the American economy, this mechanism is provided by a price system, a process in which prices rise and fall in response to relative demands of consumers and supplies offered by seller-producers. If the product is in short supply relative to the demand, the price will be bid up and some consumers will be eliminated from the market. If, on the other hand, producing more of a commodity results in reducing its cost, this will tend to increase the supply offered by seller-producers, which in turn will lower the price and permit more consumers to buy the product. Thus, price is the regulating mechanism in the America economic system.
The important factor in a private-enterprise economy is that individual are allowed to own productive resources , and they are permitted to hire labor, gain control over natural resources, and produce goods and services for sale at a profit. In the American economy, the concept of private property embraces not only the ownership of productive resources but also certain rights, including the right to determine the price of a product or to make a free contract with another private individual.
1. In Para. 1, the desire of individuals to maximize their incomes means ___.
A. Americans never feel satisfied with their incomes.
B. Americans tend to overstate the amount of their incomes.
C. Americans want to have their incomes increased.
D. Americans want to increase the purchasing power of their incomes.
2. The first two sentences in the second paragraph clarity the idea to us that ___.
A. producers can satisfy the consumers by mechanized production.
B. consumers can express their demands through producers.
C. producers decide the prices of products.
D. supply and demand regulate prices.
3. The word embraces in Para. 3 probably parallels ___.
A. enfold
B. hug
C. comprehend
D. support
4. According to the passage, a private-enterprise economy is characterized by ___.
A. private property and rights concerned.
B. manpower and natural resources control.
C. ownership of productive resources
D. free contracts and prices.
5. The passage is mainly talking about ___.
A. how American goods are produced.
B. how American consumers buy their goods.
C. how American economic system works.
D. how American businessman make their profits.
参考答案:DDCAC
美联邦上诉法院本周将对旅行限令作出裁决
奥斯卡评奖内幕:除了演技最重要的竟是它
外媒看中国:500人拍全家福 无人机都出动了
江苏省启东中学2017届高考考前英语最后一讲:书面表达
2017英语考前冲刺Ⅳ专题17 数词与主谓一致
2017最新命题题库大全2005-2011高考英语试题分项解析汇编 专题10 冠词
2017高考冲刺短文听力练习(附文档)word90
2017最新命题题库大全2005-2011高考英语试题分项解析汇编 专题08 代词
2017最新命题题库大全2005-2011高考英语试题分项解析汇编 专题01 名词
2017最新命题题库大全2005-2011高考英语试题分项解析汇编 专题09 it的用法
2017高考冲刺短文听力练习(附文档)passage 86
2017最新命题题库大全2005-2011高考英语试题分项解析汇编 专题05 情态动词与虚拟语气
国内英语资讯: Chinas service trade deficit growth slows in 2016
2017年高考英语最后三天必看错题集锦 (1)
国内英语资讯: China vows to continue surrogacy crackdown
2017年高考英语最后三天必看错题集锦 (8)
江苏省启东中学2017届高考考前英语最后一讲:任务型阅读
河南省卫辉一中高三二轮备考抓分点透析英语专题1:冠词(升级版)
江苏省启东中学2017届高考考前英语最后一讲:完形填空
2017届高三英语教材知识复习课件20