38. Among the reasons for the Crash of 1929 were__________.
A. unwise speculation by many people
B. dishonest practices by some businessmen
C. strict regulations of the Commodity Exchange Commission
D. both A and B
39.1nvestinR in securities has been made safer by__________.
A. the Securities and Exchange Commission
B. the Commodity Exchange Commission
C. Chicago Board of Trade
D. Chicago Mercantile Exchange
40.Implies but not stated :______________.
A. Some exchanges provide market services for several kinds of
products
B. The role of the government has been an important factor in curbing
dishonest practices on the exchanges
C. Investing in securities is unwise
D. Buying and selling securities is dishonest
Section B
Directions:Read the following passage and then give short answers to the
five questions. Write your answers on the Answer Sheet.
Hunting was origina11yameans of providing food, but it has now
become a sport. Though in so-me parts of the world there are stil1
people who hunt wild animals to provide them selves with food, in
England, hunting is as much a social activity as anything else.
A great many years ago, fishermen in Japan used birds to catch
fish. This art of fishing is said to be at least a thousand years old
and is mentioned in Japanese plays. Today, however, fishing in this way
has simply become a sport,for the fisher men are not serious1y
interested in catching fish.
On summer nights the fishing boats set out on rivers in various parts
of the country, At the front of each boat there is an iron basket in