《英语中高职贯通》课件_lesson 12.pptVIP

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Readthearticletocheckyouranswers.TheWallStreetCrashSomedisastersoftenkillpeopleinourlife,suchasearthquakesorfloods.Otherdisastersdonotkillpeople,buttheycandamageone’slife,suchastheWallStreetCrashonOctober24th,1929.WallStreetisastreetinNewYorkCitywheretheAmericanstockmarketisbased.Thestockmarketcrashmeantthatthesharepricesfellsolowthatmanycompaniesbecameworthless.Peoplewholosttheirmoneyandbusinesseswentbankrupt.Millionsofpeoplelosttheirjobs,andthentheirhomes.Theywentontheroadinsearchofwork,andmanyhadtobegforfood.Countlessnumbersdiedfromstarvationandillness.Onthemorningofthegreatcrash,thestockmarketonNewYork’sWallStreetbecameamess.Peopleweresellingsharesbecausetheyfearedthattheeconomywasbecomingbad.Asnewsofthefallingpricesspread,thousandsofsmallshareholderssoldtheirshares“atanyprice”.Becausetheycouldnotfindanybuyers,millionsofsharesbecameworthlessinamatterofhours.Asthestockmarketcrashed,thenumberoftheunemployedreached14millionandaverageincomeshalved.Americans,receivingnounemploymentbenefit,reliedonsoupkitchens—orbegging—tostayalive.Peoplesufferedterriblyuntil1933whentheeconomybecamebetterandmillionsofthepoorbegantofindworktodoandplacestolive.

Readthearticleagainandanswerthefollowingquestions.1.Whatdoesthestockmarketcrashmean?2.WhathappenedonOctober24th,1929?3.WhatwastheresultoftheUSstockmarketcrash?4.Whatisthemajordifferencebetweenanaturaldisasterandafinancialdisaster?Whatwillhappentothemifastockmarketcrashes?Fillintheblankswiththecorrectinformationaccordingtothearticle.1.pricesofshares2.valueofshares3.businesses4.peopleThestockmarketcrashmeansthatthesharepricesfallsolowthatmanycompaniesbecomeworthl