One phase of the business cycle is the expansion phase.This
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One phase of the business cycle is the expansion phase.This phase is a two-fold one,including recovery and prosperity.During the recover period there is ever-growing expansion of existing facilities,and new facilities for production are created.More businesses are created and older ones expanded.Improvements of various kinds are made.There is an ever increasing optimism (乐观) about the future of economic growth.Much capital is invested in machinery or heavy industry.More labor is employed.More raw materials are required.As one part of the economy develops,other parts are affected.For example,a great expansion in automobiles results in an expansion of the steel,glass,and rubber industries.Roads are required; thus the cement and machinery industries are stimulated.Demand for labor and materials results in greater prosperity for workers and supplies of raw materials,including farmers.This increases purchasing power and the volume of goods bought and sold.Thus prosperity is diffused (扩散) among the various segments of the population.This prosperity period may continue to rise and rise without an apparent end.However,a time comes when this phase reaches a peak and stops spiraling (盘旋上升) upwards.This is the end of the expansion phase.(words:198)
1.We may assume that in the next paragraph the writer will discuss ________.
A.cyclical industries
B.the status of the farmer
C.the higher cost of living
D.the recession period
2.The title below that best expresses the ideas of this passage is ________.
A.Attaining Prosperity
B.The Recovery Stage
C.An Expanding Society
D.The Period of Good Time
3.Prosperity in one industry ________.
A.reflects itself in many other industries
B.will affect the steel industry
C.will spiral upwards
D.will end abruptly
4.Which of the following industries will probably be a good indicator of a period of expansion?
A.toys
B.machine tools
C.foodstuffs
D.materials
5.During the period of prosperity,people regard the future ________.
A.cautiously
B.in a confident manner
C.in a careful way
D.indifferently
1.We may assume that in the next paragraph the writer will discuss ________.
A.cyclical industries
B.the status of the farmer
C.the higher cost of living
D.the recession period
2.The title below that best expresses the ideas of this passage is ________.
A.Attaining Prosperity
B.The Recovery Stage
C.An Expanding Society
D.The Period of Good Time
3.Prosperity in one industry ________.
A.reflects itself in many other industries
B.will affect the steel industry
C.will spiral upwards
D.will end abruptly
4.Which of the following industries will probably be a good indicator of a period of expansion?
A.toys
B.machine tools
C.foodstuffs
D.materials
5.During the period of prosperity,people regard the future ________.
A.cautiously
B.in a confident manner
C.in a careful way
D.indifferently
D,D,A,D,B
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