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WORD
专业资料
ReadingComprehension
Passage1
TheAmericaneconomicsystemisorganizedaroundabasicallyprivate-enterprise,market-orientedeconomyinwhichconsumerslargelydeterminewhatshallbeproducedbyspendingtheirmoneyinthemarketplaceforthosegoodsand
servicesthattheywantmost.Privatebusinessmen,strivingtomakeprofits,producethesegoodsandservicesincompetitionwithotherbusinessmen;andtheprofitmotive,operatingundercompetitivepressures,largelydetermineshowthesegoodsandservicesareproduced.Thus,intheAmericaneconomicsystemitisthedemandofindividualconsumers,coupledwith
thedesireofbusinessmentomaximizeprofitsandthedesireofindividualstomaximizetheirincomes,thattogetherdeterminewhatshallbeproducedandhowresourcesareusedtoproduceit.
Animportantfactorinamarket-orientedeconomyisthemechanismbywhichconsumerdemandscanbeexpressed
andrespondedtobyproducers.IntheAmericaneconomy,thismechanismisprovidedbyapricesystem,aprocessinwhichpricesriseandfallinresponsetorelativedemandsofconsumersandsuppliesofferedbyseller-producers.Iftheproductisinshortsupplyrelativetothedemand,thepricewillbebidupandsomeconsumerswillbeeliminatedfromthemarket.If,ontheotherhand,producingmoreofacommodityresultsinreducingitscost,thiswilltendtoincreasethesupplyofferedbyseller-producers,whichinturnwilllowerthepriceandpermitmoreconsumerstobuytheproduct.Thus,priceistheregulatingmechanismintheAmericaneconomicsystem.
Theimportantfactorinaprivateenterpriseeconomyisthatindividuals areallowedtoownproductiveresources
(privateproperty),andtheyarepermittedtohirelabor,gaincontrolovernaturalresources,andproducegoodsandservicesforsaleataprofit.IntheAmericaneconomy,theconceptofprivatepropertyembracesnotonlytheownershipofproductive
resourcesbutalsocertainrights,includingtherighttodeterminethepriceofaproductortomakeafreecontractwithanotherprivateindividual.
11.InLine11,Para1, “thedesireofindividualstomaximizetheirincomes ”means__.
Americansareneversatisfiedwiththeirincomes
Americanstendtooverstatetheirincomes
Americanswanttohavetheirincomesincreased
Ame
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