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1、Unit1Passage1TheAmericaneconomicsystemisorganizedaroundabasicallyprivate-enterprise,market-orientedeconomyinwhichconsumerslargelydeterminewhatshallbeproducedbyspendingtheirmoneyinthemarketplaceforthosegoodsandservicesthattheywantmost.Privatebusinessmen.striv
2、ingtomakeprofits,producethesegoodsandservicesincompetitionwithotherbusinessmen;andtheprofitmotive,operatingundercompetitivepressures,largelydetermineshowthesegoodsandservicesareproduced.Thus,intheAmericaneconomicsystemitisthedemandofindividualconsumers,coupl
3、edwiththedesireofbusinessmentomaximizeprofitsandthedesireofindividualstomaximizetheirincomes,thattogetherdeterminewhatshallbeproducedandhowresourcesareusedtoproduceit.Animportantfactorinamarket-orientedeconomyisthemechanismbywhichconsumerdemandscanbeexpresse
4、dandrespondedtobyproducers.IntheAmericaneconomy,thismechanismisprovidedbyapricesystem,aprocessinwhichpricesriseandfallinresponsetorelativedemandsofconsumersandsuppliesofferedbysellerproducers.Iftheproductisinshortsupplyrelativetothedemand,thepricewillbebidup
5、andsomeconsumerswillbeeliminatedfromthemarket.If,ontheotherhand,producingmoreofacommodityresultsinreducingitscost,thiswilltendtoincreasethesupplyofferedbyseller-producers.whichinturnwilllowerthepriceandpermitmoreconsumerstobuytheproduct.Thus,priceistheregula
6、tingmechanismintheAmericaneconomicsystem.Theimportantfactorinaprivate-enterpriseeconomyisthatindividualsareallowedtoownproductiveresources(privateproperty),andtheyarepermittedtohirelabor,gaincontrolovernaturalresources,andproducegoodsandservicesforsaleatapro
7、fit.IntheAmericaneconomy,theconceptofprivatepropertyembracesnotonlytheownershipofproductiveresourcesbutalsocertainrights,includingtherighttodeterminethepriceofaproductortomakeafreecontractwithanotherprivateindividual.51.InLine7,Para.1,"thedesireofindividuals
8、tomaximizetheirincomes"means________.[A]Americansareneversatisfiedwiththeirincomes[B]Americanstendtooverstatetheirincomes[C]Americanswanttohavetheirincomesincreased[D]Americanswanttoincreasethep
