exercise 7exerise 7.docVIP

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Section B Directions: Read the following four passages. Each passage is followed by several questions or unfinished statements. For each of them there are four choices marked A, B, C and D. Choose the one that fits best according to the information given in the passage you have just read. (A) On October 24, 1929—”Black Thursday”—a wave of panic selling of stocks swept the New York Stock Exchange. The Great Depression began. By 1932, thousands of banks and businesses had failed. Industrial production was cut in half, farm income had fallen by more than half, wages had decreased 60 percent, new

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