There are various ways in which individual economic units can interact with one another. Three 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 commodities from other economic units or sell commodities to them. In a market, transactions may take place via barter or money exchange. In a barter economy, real goods such as automobiles, shoes, and pizzas are traded against each other. Obviously, finding somebody who wants to trade my old car in exchange for a sailboat 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 edicts or commands as to how much of each good and service should be produced, exchanged, and consumed by each economic unit. Central planning may be one way of administering such an economy. The central plan, drawn up by the government, shows the amounts of each commodity produced by the various firms and allocated to 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 parentage, religion, and custom. Transactions take place on the basis of tradition, too. People belonging to a certain group or caste may have an obligation to care for other persons, provide them with food and shelter, care for their health, and provide for their education. Clearly, in a system where every decision is made on the basis of tradition alone, progress may be difficult to achieve. A stagnant society may result.
1. What is the main purpose of the passage?
A. To outline contrasting types of economic systems.
B. To explain the science of economics.
C. To argue for the superiority of one economic system.
D. To compare barter and money-exchange markets.
2. In the second paragraph, the word real in real goods could best be replaced by ___,
A. high quality
B. concrete
C. utter
D. authentic.
3. According to the passage, a barter economy can generate ___.
A. rapid speed of transactions.
B. misunderstandings.
C. inflation
D. difficulties for the traders.
4. According to the passage, who has the greatest degree of control in the administered system?
A. Individual households
B. Small businesses.
C. Major corporations.
D. The government.
5. Which of the following is not mentioned by the author as a criterion for determining a persons position in a traditional society?
A. Family background
B. Age
C. Religious beliefs.
D. Custom
答案:ABDDB
用英语撒娇的必杀技
迟到的理由 The Reasons Late For Class
2016年6月英语六级作文答案:虚拟世界2(文都教育版)
话题从study 和 work开始
古诗英译:元宵佳句
口语中的语法和词汇:来自名师的6大方法
大学英语自我介绍范文
英语自我介绍:站在面试官的角度看问题
小升初面试英文自我介绍
大学生结婚好吗?Is It Good For College Students to Get Married?
动物园一日游 A Day in the Zoo
医学专业考研复试英文自我介绍
追求稳定还是创业 To Pursue Stability or Do Pioneering Work
三星洗衣机也陷“爆炸门” 美国监管部门发出警告
家乡的变化The Changes of My Hometown
国际英语资讯:Feature: Chinese cell phones make their way into Egyptian market
关于幸福 What is Happiness?
二孩的好处The Good Sides of Second Child
2016年6月英语四级作文答案:试卷三(有道考神版)
活在当下 Live in the Moment
2016年6月英语六级作文真题答案:在线教育(有道版)
复试英文自我介绍
分数和能力Score and Ability
美女翻译 The Attractive Translators
法国杂志社的枪击 Gunshot In French Magazine Office
我最尊敬的人The People I Respect the Most
国际英语资讯:One Chinese victim of Asiana crash confirmed killed by vehicle
帮你开口说流利英语的绝招
国际英语资讯:U.S. to take out Syrian air power if Geneva 2 talks fail: senator
2016年6月英语六级作文答案:机器人
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |