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Large companies need a way to reach the savings of the public at large. The
Large companies need a way to reach the savings of the public at large. The
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2023-08-19
43
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问题
Large companies need a way to reach the savings of the public at large. The same problem, 【B1】______, 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【B2】______provide short-term finance, they are generally unwilling to provide money on a【B3】______ 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. They do this by【B4】______ stocks and shares in the business through the Stock Exchange. By doing so, they can【B5】______ the savings of individuals and institution, both at home and【B6】______. When the saver needs his money back, he does not have to go to the company with whom he【B7】______placed it. Instead, he sells his shares through a stockbroker to some other saver who is seeking to 【B8】______ his money. Many of the services needed both by industry and by each of us are provided by the government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require【B9】______spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through【B10】______ 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. [br] 【B1】
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答案
on a small scale
解析
填入的内容为插入成分。on a…scale为固定搭配,“以……的规模,在……的范围”。
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