The American economic system is organized around a basically
private enterprise. It’s (36) economy in which consumers
determine what shall be produced by spending their money for those goods and
services. Private businessmen, (37) to make their profits,
produce these goods and services in (38) with other
businessmen, and the profit (39) , operating under
competitive pressures, largely (40) how these goods and
services are produced. Thus, in the American economic system it is the demand of
individual consumers, (41) with the desire of businessmen to
gain more profits and the desire of individuals to (42) their
incomes, that together determine what shall be produced and how (43)
are used to produce it. If, on the other hand,
(44) , which in turn will lower the price and permit more
consumers to buy the product. In the American economy, this mechanism is
provided by a price system, a process in which prices rise and fall in response
to relative demands of consumers. If the product is in short reply relative to
the demand, the price will be a bit up and some consumers will be eliminated
from the market. (45) . Thus, price is the regulating
mechanism in ’the American economic system. The important factor
in a private-oriented economy is that individuals are permitted to hire labor,
gain control over natural resources, and produce goods and services for sale at
a profit. In the American economy, (46) . including
determining the price or making a free contract.
【参考答案】
more supply of products results in reducing its cost, this w......