单选题 Large companies need a way to reach the saving of the public at large. The same problem, on a smaller scale, faces practically every company trying to develop new products and create new jobs. There can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for long-term projects. So companies turn to the public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits, This they do by issuing stocks and shares in the business through The Stock Exchange. By doing so they can put into circulation the savings of individuals and institutions, both at home and oversees.
When the saver needs his money back, he does not have to go to the company with whom he originally placed it. Instead, he sells his shares to some other saver who is seeking to invest his money. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on few equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The Government, local authorities, and nationalized industries therefore frequently need to borrow money to finance major capital spending, and they, too, come to The Stock Exchange.
There is hardly a man or woman in this country whose job or where standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance.

单选题 Generally speaking, those companies involved in new production and long-term project must ______.
【正确答案】 B
【答案解析】细节题。第一段讲,公司的发展想通过朋友、熟人或是提供短期贷款的银行的资助是行不通的。公司为此必须求助于公众,让他们出资。公众持有该公司股票,以换取自己将来所得利润。据此,选项B正确。其他三项均与本文内容相悖。
单选题 The people are willing to lend money to those companies became those companies ______.
【正确答案】 D
【答案解析】细节题。第1题的“答案详解”已经分析过,公众出资给公司,公司给公众股票。公众凭股票将来可得到利润。这一细节和选项B和C一致。根据要求,选项D正确。
单选题 When the savers want their money back they ______.
【正确答案】 C
【答案解析】细节题。第二段第一、二句讲,当储蓄者想将钱取回时,他们不必亲自去融资公司办理,而是将股票出售给其他投资者。据此,选项C正确。选项A和B与此意不符。选项D似乎正确,但它不及选项C合适,因为根据常识判断,一般情况下股票交易要通过The Stock Exchange,不能个人直接买卖;另据第一段解释,买卖股票要通过The Stock Exchange。这就进一步明确了选项D错误。
单选题 According to the passage, if a government needs money for capital construction, it ______.
【正确答案】 C
【答案解析】细节题。第二段最后一句讲,政府需要融资进行基本建设时,它也要到证券交易所来。据此,选项C正确。其他三项均不合此意。
单选题 The Stock Exchange exists ______.
【正确答案】 C
【答案解析】细节题。最后一段讲,雇主们需要融资进一步发展事业,而资金的来源就是国家的积蓄。证券交易所的存在就是为需要资金的人提供一条融资渠道。据此,选项C正确。选项A和B提出只为状况不佳的公司和政府提供资金,范围太窄,均错。选项D显然不合题意。