Reading Comprehension.docx

Reading Comprehension.docx

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ReadingComprehension

[Passage1]Questions1to5arebasedonthefollowingpassage:

TheeconomyoftheUnitedStates,aswellasthatofmostdevelopednations,operatesaccordingtotheprinciplesofthefreemarket.ThisdiffersfromtheeconomiesofsocialistorCommunistcountries,wheregovernmentsplayastrongroleindecidingwhatgoodsandserviceswillbeproduced,howtheywillbedistributed,andhowmuchtheywillcost.Businessinfree-marketeconomiesbenefitsfromcertainfundamentalrightsoffreedoms.Allpeopleinfree-marketsocietieshavetherighttoown,use,buy,sell,orgiveawayproperty,thuspermittingthemtoownandoperatetheirownbusinessesasprivate,profit-seekingenterprises.Businessownersinfreemarketsmaychoosetoturntheirbusinesshowevertheylike.Thisrightgivesbusinessestheauthoritytohireandfireemployees,investmoney,purchasemachineryandequipment,andchoosethemarketswheretheywanttooperate.Indoingso,however,theymaynotviolateoroffendagainsttherightsofotherbusinessesandpeople.Free-marketbusinessesalsohavetherighttokeeporreinvesttheirprofits.

Allfree-marketeconomies,however,keeptherightsofbusinessesinchecktosomedegreethroughlawsandregulationsthatmonitorbusinessactivities.Suchlawsvaryfromcountrytocountry,buttheygenerallyencouragecompetitionbyprotectingsmallbusinessesandconsumersfrombeinghurtbymorepowerful,largeenterprises.Forexample,intheUnitedStates,theU.S.FederalTradeCommissionActof1914prohibitsbusinessesfromattemptingtocontrolthepricesofitsproductsorservices,amongotherprovisions.Thus,theMicrosoftCompanyisfacedwithdissolution.

1.Theauthor’smainpurposeinthisarticleistoexplain_________.

A）businessinafreemarketeconomyB）businessinasocialisteconomy

C）therightsofbusinessesD）businesses’activities

2.Accordingtothepassage,youcaninducethat__________.

A）theeconomyoftheUnitedStatesistheeconomiesofsocialist

B）theeconomyofJapanisoutofcontrol

C）theeconomyofBritainistotallyfree

D）theeconomyofFranceisundersomecontrol

3.Intheeconomiesofsocialistorcommunistcountries,accordingtothispassage,governmentsplayastrongroleinEXCEPT_________.

A）decidingtheamountsofgoodsandservices

B）decidingtherighttoown,use,buy,sell,orgiveawayproperty

C）decidingthepriceofcommodities

D）decidingthemethodsofdistributinggoods

4.Inthesentence“Allfree-marketeconomies,however,keeptherightsofbusinessesinchecktosomedegreethroughlawsandregulationsthatmonitorbusinessactivities.”,“monitor”means________.

A）tostudyB）todetect

C）torecordD）todirect

5.TheaimofU.S.FederalTradeCommissionActof1914isto_________.

A）notviolateoroffendagainsttherightsofotherbusinessesandpeople

B）havetherighttokeeporreinvesttheprofits

C）generallydiscouragecompetitionbyprotectingmorepowerful,largeenterprisesfrombeinghurtbysmallbusinessesandconsumers

D）keeponguardagainstthemarketcontrolledbylargecompanies

[Passage2]Questions6to10arebasedonthefollowingpassage:

Burnrateisthespeedatwhichastartupbusinessconsumesmoney.Myratewouldbe$50,000amonthwhenmynewmediacompanystarted.So,Ibeganlookingaroundforindividualswhowouldbemyfirstinvestors.“Angelmoney”itwascalled.ButwhenIreviewedmylistofacquaintancestofindthosewhomightbeabletohelp,Ifoundthenumbergotsmall.

Withnootherchoices,Ibeganmeetingwiththeventure-capitalcompanies.ButIwaswarnedtheytookahugeshareofyourcompanyforthemoneytheyputin.Andifyoustruggled,theycoulddropyoucold.

AsIwassearchingfor“angelmoney”,IstartedtobuildateamwhotrustedmeeventhoughIdidn’thavemoneyforpaychecksyet.BillBeckerwasanexpertincomputerprogrammingandimageprocessingataveryfamousMediaLabatM.I.T.Withhisarrival,mycompanysuddenlyhadamajortechnology“guy”in-house.KatherineHenderson,afilmmakerandaformerreal-estatedealer,joinedusasourdirectorofmarketresearch.SteveWhitecameonasoperatingofficer.Hehadworkedforthedeveloperofahome-financesoftware,Quicken.Wegrabbedhim.

Wehadsomereallygoodpeople,butwestilldidn’thaveenoughmoney.Onenight,myneighbor,LouiseJohnson,cameforavisit.SheandIwereonlynoddingacquaintances,butherboysandourswereconstantcompanions.Sheranaverygoodbusinessatthetime.Louisewasbrilliantandmissednothing.Shehadbeenwatchingmyprocessclosely.Shehandedmeanenvelope.Insidewasacheckfor$500,000.Ialmostfelldown.Iheardherchoiceasiffromheaven.“Ihaveconfidenceinyourplan,”shesaid.“You’lldowell.You’regoingtoworkhardforit,butit’ssatisfy