Choose the item among A, B, C or D that best answers the question about the passage:
"When Franklin Roosevelt was elected President of the United States in 1932. not only the United States but also the rest of the world was in the throes of an economic depression. Following the termination of World War I, Britain and the United States at first experienced a boom in industry. Called the Roaring Twenties, the 1920s ushered in a number of things - prosperity, greater equality for women in the work world, rising consumption, and easy credit. The Outlook for American business was rosy.
October 1929 was a month that had catastrophic economic reverberation worldwide. The American stock market witnessed the “Great Crash,” as it is called, and the temporary boom in the American economy came to a standstill. Stock prices sank, and panic spread. The ensuing unemployment figure soared to 12 million by 1932.
Roosevelt was elected because he promised a “New Deal” to lift the United States out of the doldrums of the depression. Following the principles advocated to Keynes, a British economist, Roosevelt mustered the spending capacities of the federal government to provide welfare, work, and agricultural aid to the millions of down-and-out Americans. Roosevelt succeeded in dragging the nation out of the Depression before the outbreak of World War II."
4. The “Great Crash” refers to ………
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Lời giải:
Báo saiThông tin: The American stock market witnessed the “Great Crash,” as it is called, and the temporary boom in the American economy came to a standstill. Stock prices sank, and panic spread. The ensuing unemployment figure soared to 12 million by 1932.
Đáp án C
Dịch: “Great Crash” đề cập đến sự sụt giảm của thị trường chứng khoán