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George Washington Carver showed that plant life was more than just food for animals and humans. Carver’s first step was to analyze plant parts to find out what they were made of. He then combined these simpler isolated substances with other substances to create new products.
The branch of chemistry that studies and finds ways to use raw materials from farm products to make industrial products is called chemurgy. Carver was one of the first and greatest chemurgists of all time. Today the science of chemurgy is better known as the science of synthetics. Each day people depend on and use synthetic materials made from raw materials. All his life Carver battled against the disposal of waste materials and warned of the growing need to develop substitutes for the natural substances being used up by humans.
Carver never cared about getting credit for the new products he created. He never tried to patent his discoveries or get wealthy from them. He turned down many offers to leave Tuskegee Institute to become a rich scientist in private industry. Thomas Edison, inventor of the electric light, offered him a laboratory in Detroit to carry out food research. When the United States government made him a collaborator in the Mycology and Plant Disease Survey of the Department of Agriculture, he accepted the position with the understanding that he wouldn’t have to leave Tuskegee. As an authority on plant diseases – especially of the fungus variety – Carver sent hundreds of specimens to the United States Department of Agriculture. At the peak of his career, Carver’s fame and influence were known on every continent.

According to the passage, chemurgical can be defined as the

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Reality television is genre of television programming which, (it is claimed), presents unscripted dramatic or humorous situation, documents actual events, and features ordinary rather than professional actors. It could be described as a form of artificial or “heightened” documentary. Although the genre has existed in some form or another since the early years of television, the current explosion of popularity dates from around 2000.
Reality television covers a wide range of television programming formats, from game or quiz shows which resemble the frantic, often demeaning programmes produced in Japan in the 1980s and 1990s (a modem example is Gaki no Tsukai), to surveillance- or voyeurism- focused productions such as Big Brother.
Critics say that the term “reality television” is somewhat of a misnomer and that such shows frequently portray a modifies and highly influenced form of reality, with participants put in exotic location or abnormal situations, sometimes coached to act in certain ways by off-screen handlers, and with events on screen manipulated through editing and other post-production techniques.
Part of reality television’s appeal is due to its ability to place ordinary people in extraordinary situations. For example, on the ABC show, The Bachelor, an eligible male dates a dozen women simultaneously, traveling on extraordinary dates to scenic locales. Reality television also has the potential to turn its participants into national celebrities, outwardly in talent and performance programs such as Pop Idol, though frequently Survivor and Big Brother participants also reach some degree of celebrity.
Some commentators have said that the name “reality television” is an inaccurate description for several styles of program included in the genre. In competition- based programs such as Big Brother and Survivor, and other special-living-environment shows like The Real World, the producers design the format of the show and control the day-to-day activities and the environment, creating a completely fabricated world in which the competition plays out. Producers specifically select the participants, and use carefully designed scenarios, challenges, events, and settings to encourage particular behaviours and conflicts. Mark Burnett, creator of Survivor and other reality shows, has agreed with this assessment, and avoids the word “reality” to describe his shows; he has said, “I tell good stories. It really is not reality TV. It really is unscripted drama.”

According to the passage, Reality TV appeals to some because ...................

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It is often the case with folktales that they develop from actual happenings but in their development lose much of their factual base; the story of Pocahontas quite possibly fits into this category of folktale. This princess of the Powhatan tribe was firmly established in the lore of early America and has been made even more famous by the Disney film based on the folktale that arose from her life. She was a real-life person, but the actual story of her life most probably different considerably from the folktale and the movie based on the folktale. Powhatan, the chief of a confederacy of tribes in Virginia, had several daughters, none of whom was actually named Pocahontas. The nickname means “playful one,” and several of Powhatan’s daughters were called Pocahontas. The daughter of Powhatan who became the subject of the folktale was named Matoaka. What has been verified about Matoaka, or Pocahontas as she has come to be known, is that she did marry an Englishman and that she did spend time in England before she died there at a young age. In the spring of 1613, a young Pocahontas was captured by the English and taken into Jamestown. There she was treated with courtesy as the daughter of chief Powhatan. While Pocahontas was at Jamestown, English gentlemen John Rolfe fell in love with her and asked her to marry. Both the governor of the Jamestown colony and Pocahontas’s father Powhatan approved the marriage as a means of securing peace between Powhatan’s tribe and the English at Jamestown. In 1616, Pocahontas accompanied her new husband to England, where she was royally received. Shortly before her planned return to Virginia in 1617, she contracted an illness and died rather suddenly.
A major part of the folktale of Pocahontas that is unverified concerns her love for English Captain John Smith is the period of time before her capture by the British and her rescue of him from almost certain death. Captain John Smith was indeed at the colony of Jamestown and was acquainted with Powhatan and his daughters, he even described meeting them in 1612 journal. However, the story of his rescue by the young maiden did not appear in his writing until 1624, well after Pocahontas had aroused widespread interest in England by her marriage to an English gentlemen and her visit to England. It is the discrepancy in dates that has caused some historians to doubt the veracity of the tale. However, other historians do argue quite persuasively that this incident did truly take place.

The expression “arose from” in the first paragraph is closest in meaning to     .

Choose the word or phrase among A, B, C or D that best fits the blank space in the following passage:

"Before the 1960s, Singapore was essential a trading nation. Since (1)….. , it has developed a more (2)…. economy and has become an important financial, trade, and transportation center. Singapore has (3)….. banks, insurance, and finance companies, as (4) …..  as a stock exchange. Tourism is also important to the (5)…. of Singapore.
 There is (6)…. unemployment in Singapore. The country’s annual income per capita (per person) is one of the (7) …. in Asia. The government of Singapore plays a major role in the country’s economy. For example, it (8)….. what benefits, such as vacation time and sick leave, must be (9)….for workers by employers. It also operates an employment agency to help people find jobs, and it provides (10)…..  for retired workers."

3. Singapore has (3)….. banks, insurance, and finance companies,

Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions:
Reality television is genre of television programming which, (it is claimed), presents unscripted dramatic or humorous situation, documents actual events, and features ordinary rather than professional actors. It could be described as a form of artificial or “heightened” documentary. Although the genre has existed in some form or another since the early years of television, the current explosion of popularity dates from around 2000.
Reality television covers a wide range of television programming formats, from game or quiz shows which resemble the frantic, often demeaning programmes produced in Japan in the 1980s and 1990s (a modem example is Gaki no Tsukai), to surveillance- or voyeurism- focused productions such as Big Brother.
Critics say that the term “reality television” is somewhat of a misnomer and that such shows frequently portray a modifies and highly influenced form of reality, with participants put in exotic location or abnormal situations, sometimes coached to act in certain ways by off-screen handlers, and with events on screen manipulated through editing and other post-production techniques.
Part of reality television’s appeal is due to its ability to place ordinary people in extraordinary situations. For example, on the ABC show, The Bachelor, an eligible male dates a dozen women simultaneously, traveling on extraordinary dates to scenic locales. Reality television also has the potential to turn its participants into national celebrities, outwardly in talent and performance programs such as Pop Idol, though frequently Survivor and Big Brother participants also reach some degree of celebrity.
Some commentators have said that the name “reality television” is an inaccurate description for several styles of program included in the genre. In competition- based programs such as Big Brother and Survivor, and other special-living-environment shows like The Real World, the producers design the format of the show and control the day-to-day activities and the environment, creating a completely fabricated world in which the competition plays out. Producers specifically select the participants, and use carefully designed scenarios, challenges, events, and settings to encourage particular behaviours and conflicts. Mark Burnett, creator of Survivor and other reality shows, has agreed with this assessment, and avoids the word “reality” to describe his shows; he has said, “I tell good stories. It really is not reality TV. It really is unscripted drama.”

The word “fabricated” is closest in meaning to ...................

Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct word or phrase that best fits each of the numbered blanks.
 The story of gold is an adventure involving kings, queens, pirates, explorers, conquerors, and the native peoples they conquered. Throughout history, gold has woven a magic spell over those it touched. Gold is beautiful and rare; a soft shiny metal that can be moulded into many (1)...... . It has been used for money, jewelry, and to decorate special buildings such as palaces and places of worship. (2)......the precious metal was discovered, prospectors rushed to mine it, starting new cities and countries as they went. Gold and the people who love it have helped shape the world we live (3).........today. Gold is one of many elements, or substances that cannot be changed by normal chemical means, that are found in the Earth's crust. Gold has a warm, sunny colour and (4)......... it does not react with air, water, and most chemicals, its shine never fades. In its natural (5)........... , gold is soft and easily shaped. When heated to 1,062 Celsius it melts and can be poured into moulds to form coins, gold bars, and other objects. Stories have been told, movies made and legends bom about the discovery of the world’s great gold deposits. It is a saga of dreams, greed, ambition and exploration.
(5)...................................

Increasing numbers of parents in the U.S. are choosing to teach their children at home. In fact, the U.S. Department of Education has estimated that in 1999, about 850,000 children were being homeschooled. Some educational experts say that the real number is double this estimate, and the ranks of homeschooled children seem to be growing at the average rate of about eleven percent every year.

At one time, there was a theory accounting for homeschooling: it was traditionally used for students who could not attend school because of behavioral or learning difficulties. Today, however, more parents are taking on the responsibility of educating their own children at home due to their dissatisfaction with the educational system. Many parents are unhappy about class

size, as well as problems inside the classroom. Teacher shortages and lack of funding mean that, in many schools, one teacher is responsible for thirty or forty students. The children are, therefore, deprived of the attention they need. Escalating classroom violence has also motivated some parents to remove their children from school.

Although there have been a lot of arguments for and against it, homeschooling in the U.S. has become a multi-million dollar industry, and it is growing bigger and bigger. There are now plenty of websites, support groups, and conventions that help parents protect their rights and enable them to learn more about educating their children. Though once it was the only choice for troubled children, homeschooling today is an accepted alternative to an educational system that many believe is failing.

The number of parents who want to teach their own children in the U.S. is ............

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The ocean bottom - a region nearly 2.5 times greater than the total land area of the Earth - is a vast frontier that even today is largely unexplored and uncharted. Until about a century ago, the deep ocean floor was completely inaccessible, hidden beneath waters averaging over 3,600 meters deep. Totally without light and subjected to intense pressures hundreds of times greater than at the Earth's surface, the deep-ocean bottom is a hostile environment to humans, in some ways as forbidding and remote as the void of outer space.
Although researchers have taken samples of deep-ocean rocks and sediments for over a century, the first detailed global investigation of the ocean bottom did not actually start until 1968, with the beginning of the National Science Foundation's Deep Sea Drilling Project (DSDP). Using techniques first developed for the offshore oil and gas industry, the DSDP's drill ship, the Glomar Challenger, was able to maintain a steady position on the ocean's surface and drill in very deep waters, extracting samples of sediments and rock from the ocean floor.
The Glomar Challenger completed 96 voyages in a 15-year research program that ended in November 1983. During this time, the vessel logged 600,000 kilometers and took almost 20,000 core samples of seabed sediments and rocks at 624 drilling sites around the world. The Glomar Challenger's core samples have allowed geologists to reconstruct what the planet looked like hundreds of millions of years ago and to calculate what it will probably look like millions of years in the future. Today, largely on the strength of evidence gathered during the Glomar Challenger's voyages, nearly all earth scientists agree on the theories of plate tectonics and continental drift that explain many of the geological processes that shape the Earth.
The cores of sediment drilled by the Glomar Challenger have also yielded information critical to understanding the world's past climates. Deep-ocean sediments provide a climatic record stretching back hundreds of millions of years, because they are largely isolated from the mechanical erosion and the intense chemical and biological activity that rapidly destroy much land-based evidence of past climates. This record has already provided insights into the patterns and causes of past climatic change - information that may be used to predict future climates.

The word "inaccessible" in the first paragraph is closest in meaning to     .

Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions:
A term 'megalopolis' (or megacity) was first used by French geographer Jean Gottman to describe the north-eastern United States in 1961. The term is used more widely now and is defined as an urban area of more than 10 million inhabitants dominated by a low-density housing. In 1995 there were 14 megacities. By 2020 there could be 30.
Megacities are the result of the process of urbanization. After cities grew into crowded urban centres, people who could afford to move into suburbs at the edge of the city. When the suburbs in turn became crowded, people moved into villages and dormitory towns outside the city, but within commuting distance. In this way, for the first time since industrialisation, the countryside began to gain population, whereas cities lost their inhabitants. In the 1980s St Louis and Detroit in the America lost between 35 and 47 per cent of their populations and London lost 15 per cent in the 20 years to 1971.
However, this movement away from cities does not mean that the city is dying. In fact it is spreading. From the old city develops a metropolitan area with many low-level urban developments. When these metropolitan areas merge together, they form megacities which contain over 10 million people. The largest of these is in America, called Boswash - a region over 300 miles long from Boston in the north to Washington, DC in the south with more than 44 million people. There are emerging megalopolises in Britain centred around London and the south-east, in Germany in the industrial region of the Ruhr and Japan in the Tokyo-Osaka-Kyoto region.

Areas merging together form     .

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Our eyes and ears might be called transformers because they send the light and sound around us and turn them into electrical impulses that the brain can interpret. These electrical impulses that have been transformed by the eyes and ears reach the brain and are turned into massages that we can interpret. For the eye, the process begins as the eye admits light waves, bends them at the cornea and lens, and then focuses them on the retina. At the back of each eye, nerve fibers bundle together to form optic nerves, which join and then split into optic tracts. Some of the fibers cross so that part of the input from the right visual field goes into the left side of the brain, and vice versa. The process in the ear is carried out through sensory cells that are carried in fluid-filled canals and that are extremely sensitive to vibration. Sound that is transformed into electricity travels along nerve fibers in the auditory nerve. These fibers form a synapse with neurons that carry the massages to the auditory cortex on each side of the brain.

What does the word “them” in line 2 refers to?

Read the following passage and mark the letter A, B, C or D on your answer sheet to indicate the correct word or phrase that best fits each of the numbered blanks .
A recent (1)....... of a language learning magazine has consulted a number of experts in the field of second language acquisition. Their advice may prove invaluable for those considering a language course. One suggestion is that you access whether you are likely to be successful (2)........ learning a language. Did you enjoy studying language at school, for example? Do you have enough time to learn a language ? The major cost will be your own time and effort. Therefore, you must make sure that course on  offer  leads  to  a  recognized  qualification.  Also,  be  realistic  in your (3).......... If you don’t set achievable aims, you are more likely to give up. Don’t be deceived into thinking that the most expensive courses are the best. Shop around to get the best possible value for money. You should also bear in your mind that the quicker you learn a language, the more quickly you forget it. Sandra Miller, a French teacher, tried to teach herself German by enrolling on a crash course. Already fluent in four languages and with a sound knowledge of teaching methodology her chances of (4)........ progress were high. Three years on she remembers very little. She feels her biggest mistake was not to follow up her first experience.  "I  think  the  teacher’s  role  is  important.  It's  so  nice  to  have  somebody  give  you  a/an (5) ........... ”.
(3)................................
 

Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct word or phrase that best fits each of the numbered blanks.
              THE FUTURE OF WATER
Many of us often wonder what the future holds; some believe major advances in technology will occur which will result in improvements to our everyday lives. Scientists have predicted shortages in fossil fuels and changes in the weather patterns of the world. (1).......... , one significant change that will have an alarming impact on all of us is the global water shortage. Analysts have forecast that some of the consequences of this will be mass migration from Africa to Europe and wars between countries over clean water. The main causes of this disturbing water shortage are global warming, climate change and the increasing world population. The supply of fresh water (2)....... comes from mountain glaciers and  flows  into  lakes  and  rivers  is  diminishing,  and  this also (3).......... to the shortage. Water analysts and government leaders need to start making radical changes to the way water use is managed and they need to find new sources that will be able to meet the demands of an ever-growing population.  In addition, more things need to be done to control global warming as this will help to reduce water shortages.   People   should   be made  (4)......... of the situation and warned not to waste water. Multinational companies should invest in developing better water management systems. In summary, if we start (5) ............. action now, we might be able to prevent a world disaster.
(4).................................

Choose the word or phrase among A, B, C or D that best fits the blank space in the following passage:

"Quite apart from the economic similarity between present-day automation and the mechanization which has been proceeding for centuries, it must also be stressed that even in the United States automation is by no means the only factor (1)….. people from existing jobs.
 The increasing number of unneeded workers in (2)…. years has been the result of much more simple and old-fashioned influences: farm labourers have been (3)…. out of work by bigger tractors, miners by the cheapness of oil, and railwaymen by better roads.
 It is quite wrong, therefore, to think of automation as some new monster whose arrival (4)…. the existence of employment in the same way that the arrival of myxomatosis threatened the existence of the rabbit. Automation is one (5)….. of technological change, which itself is only one of the several changes (changes in tastes, changes in social patterns, changes in organization) which (6)…. in certain jobs disappearing and certain skills ceasing to be required. And even in America, which has a level of technology and output per (7)…. much in (8)….. of Britain’s, there is no (9)…. that the (10)….  of change is actually speeding up.
 Nevertheless changes in the amount of labour needed to produce a certain output are proceeding fairly rapidly in America - and in other countries - and my proceed more rapidly in future. Indeed it is one of the main objects of economic policy."

4. It is quite wrong, therefore, to think of automation as some new monster whose arrival (4)…. the existence of employment in the same way that the arrival of myxomatosis threatened the existence of the rabbit.

Whales are the largest animals in the world, and the gentlest creatures we know. Although the whale is very huge, it is not hindered at all by its size when it is in the water. Whales have tails that end like flippers. With just a gentle flick, it can propel itself forward. The skin of a whale is so smooth that it does not create any friction that can slow the whale down. A whale’s breathing hole is located on the top of its head, so it can breathe without having to completely push its head out of the water. Whales are protected from the cold seawater by body fat that is called blubber.
Whales live in the ocean but, in terms of behaviours, they are more similar to humans than fish. They live in family groups and they even travel in groups when they have to migrate from cooler to warmer waters. The young stay with their parents for as long as fifteen years. Whales are known not to desert the ill or injured members; instead, they cradle them.
When whales are in danger, there are people who go to great lengths to help them. One such case occurred in 1988, when three young whales were trapped in the sea. It was close to winter and the sea had begun to freeze over. Whales are mammals that require oxygen from the air, so the frozen ice was a great danger to them. All they had then was a tiny hole in the ice for them to breathe through. Volunteers from all over soon turned up to help these creatures. They cut holes in the ice to provide more breathing holes for the whales. These holes would also serve as guides for the whales so that they could swim to warmer waters.

Which of the following best describes the main idea of this passage?

Read the following passage and mark the letter A, B, C, or D on your answer sheet to indicate the correct answer to each of the questions:
“ Calcite- containing dust particles blow into the air and combine with nitric acid in polluted air from factories to form an entirely new particle – calcium nitrate , ” said Alexander Laskin, a senior research scientist at the Department of Energy’s Pacific Northwest National Laboratory in Richland, Washington .These nitrates have optical and chemical properties that are completely different from those of the originally dry dust particles . Due to this, climate models need to be updated to reflect this chemistry. Calcite dust is common in arid areas such as Israel, where scientists collected particles for analysis.
Working from a mountaintop, the team collected dust that had blown in from the northern shores of Egypt, Sinai,and southern Israel. The particles had combined with air containing pollutants that came from Cairo.They analyzed nearly 2,00 individual particles and observed the physical and chemical changes at the W.R Wiley Environmental Sciences Laboratory.
A key change in the properties of the newly formed nitrate particles is that they begin to absorb water and retain the moisture .These wet particles can scatter and absorb sunlight-presenting climate modelers, who need to know where the energy is going , a new wild card to deal with . Companion studies of dust samples from the Sahara and the Saudi coast and loess from China show that the higher the calcium in the mineral , the more reactive they are in with nitric acid .And once the particle is changed , it stays that way.
“When dust storms kick up these particles and they enter polluted areas , the particles change ,” Laskin said . “To what extent this is happening globally, as more of the world becomes industrialized , we don’t know . But now we have the laboratory and field evidence that shows it is definitely happening . The story is much more complicated than anybody thought .”

Which of the following may be true ?

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In young language learners, there is a critical period of time beyond which it becomes increasingly difficult to acquire a language. Children generally attain proficiency in their first language by the age of five and continue in a state of relative linguistic plasticity until puberty. [A] Neurolinguistic research has singled out the lateralization of the brain as the reason for this dramatic change from fluidity to rigidity in language function. Lateralization is the process by which the brain hemispheres become dominant for different tasks. The right hemisphere of the brain controls emotions and social functions, whereas the left hemisphere regulates the control of analytical functions, intelligence, and logic. [B] For the majority of adults, language functions are dominant on the left side of the brain. [C] Numerous studies have demonstrated that it is nearly impossible to attain a nativelike accent in a second language, though some adults have overcome the odds, after lateralization is complete. [D]
Cognitive development also affects language acquisition, but in this case adult learners may have some advantages over child learners. Small children tend to have a very concrete, here- and-now view of the world around them, but at puberty, about the time that lateralization is complete, people become capable of abstract thinking, which is particularly useful for language. Generally speaking, adults can profit from grammatical explanations, whereas children cannot. This is evidenced by the fact that children are rather unreceptive to correction of grammatical features and instead tend to focus on the meaning of  an utterance rather than its form. However, language learning theory suggests that for both adults and children, optimal language acquisition occurs in a meaning centered context. Though children have the edge over adult language learners with respect to attaining a nativelike pronunciation, adults clearly have an intellectual advantage which greatly facilitates language learning.

What is stated in the passage about the achievement of an accent like a native’s by an adult?

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After the Anasazi abandoned southwestern Colorado in the late 1200s or early 1300s, history’s pages are blank. The Anasazi were masons and apartment builders who occupied the deserts, river valleys, and mesas of this region for over a thousand years, building structures that have weathered the test of time.
The first Europeans to visit southwestern Colorado were the ever-restless, ambitious Spanish, who sought gold, pelts, and slaves. In 1765, under orders from the Spanish governor in Santa Fe, Juan Maria Antonio Rivera led a prospecting and trading party into the region. Near the Dolores River in southwestern Colorado, he found some insignificant silver-bearing rocks, and it is thought that it was he who named the mountains nearby the Sierra de la Plata or the Silver Mountains. Rivera found little of commercial value that would interest his superiors in Santa Fe, but he did open up a route that would soon lead to the establishment of the Old Spanish Trail. This expedition and others to follow left names on the land which are only reminders we have today that the Spanish once explored this region.
In 1776, one of the men who had accompanied Rivera, Andre Muniz, acted as a guide for another expedition. That party entered southwestern Colorado in search of a route west to California, traveling near today’s towns of Durango and Dolores. Along the way, they camped at the base of a large green mesa which today carries the name Mesa Verde. They were the first Europeans to record the discovery of an Anasazi archeological site in southwestern Colorado.
By the early 1800s, American mountain men and trappers were exploring the area in their quest for beaver pelts. Men like Peg-leg Smith were outfitted with supplies in the crossroads trapping town of Taos, New Mexico. These adventurous American trappers were a tough bunch. They, possibly more than any other newcomers, penetrated deeply into the mountain fastness of southwestern Colorado, bringing back valuable information about the area and discovering new routes through the mountains. One of the trappers, William Becknell, the father of the Santa Fe Trail, camped in the area of Mesa Verde, where he found pottery shards, stone houses, and other Anasazi remains.

In paragraph 4, the author suggests that     .

No educational medium better as means of spatial communication than the atlas. Atlases deal with such invaluable information as population distribution and density. One of the best, Pennycooke's World Atlas, has been widely accepted as a standard owing to the quality of its maps and photographs, which not only show various settlements but also portray them in a variety of scales. In fact, the very first map in the atlas is a cleverly designed population cartogram that projects the size of each country if geographical size were proportional to population. Following the proportional layout, a sequence of smaller maps shows the world’s population density, each country’s birth and death rates, population increase or decrease, industrialization, urbanization, gross national product in terms of per capita income, the quality of medical care, literacy, and language. To give readers a perspective on how their own country fits in with the global view, additional projections depict the world's patterns in nutrition, calorie and protein consumption, health care, number of physicians per unit of population, and life expectancy by region. Population density maps on a subcontinental scale, as well as political maps. Convey the diverse demographic phenomena of the world in a broad array of scales.

The word “convey” in the passage is closest meaning to  ............

The attraction of gold is as old as history. Since ancient times, gold has been the object of dreams and obsessions. Western literature is full of characters who kill for gold or hoard it, from King Midas in the ancient Greek myths, to Fagin in Dickens' Oliver Twist. These characters go to evil extremes to get or keep their gold and they get the punishment they deserve. Most people would not be willing to go to such extremes, of course, but they would not question the assumption that gold has lasting value above and beyond any local currency. Societies change over time, customs and currencies evolve, but gold remains. A wedding ring, for example, must be gold, and so should any serious gift of jewelry. In fact, giving and wearing gold is still a mark of prestige in our post-industrial society, though gold is no longer valued as it used to be thousands of years ago.
Why is gold so valuable? True, it is shiny, durable, and rare, but it is far less useful than many other minerals or metals. It is also not like stock in a company, where the value of the stock depends on the performance of the company. Gold, on the contrary, like any currency, is valuable precisely because people believe it is valuable. That is, if people were willing to accept seashells for their labor and could use them to pay for food, fuel, and other commodities, then seashells would become a valuable currency. Thus, the value of gold depends on the collective belief that gold will continue to be valuable. As long as demand for gold remains steady, the price will hold steady; if demand is high, it will continue to increase in value. But if people should someday lose faith in gold, the price of gold could fall sharply.
Another factor that has affected the price of gold has been the increasing difficulty in acquiring it. Today, most of the gold left in the grounds is in microscopic pieces mixed with rock. To get it, miners must dig up tons and tons of rock, and then spray it with chemicals to separate out the gold. For one ounce of gold - a wedding ring, for example - the mine processes about 30 tons of rock. This is already a costly operation. But there are also hidden social and environmental costs. The mining and processing of gold is ruinous to the environment and to the health of people living nearby. Most of these mines are in poor regions where the people have had little voice in whether there should be mines and how the mines should be run. The large multinational mining companies simply bought the land and opened the mines. However, as people and governments begin to realize the extent of the damage caused by the mines, the situation might change.
Indeed, if the mining companies ever have to pay the full environmental and social costs of mining gold, the price of gold is likely to climb yet higher.

According to the passage what decides the value of gold?