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1、Passage1TheAmericaneconomicsystemisorganizedaroundabasicallyprivate-enterprise,market-orientedeconomyinwhichconsumerslargelydeterminewhatshallbeproducedbyspendingtheirmoneyinthemarketplaceforthosegoodsandservicesthattheywantmost.Privatebusinessmen,st
2、rivingtomakeprofits,producethesegoodsandservicesincompetitionwithotherbusinessmen;andtheprofitmotive,operatingundercompetitivepressures,largelydetermineshowthesegoodsandservicesareproduced.Thus,intheAmericaneconomicsystemitisthedemandofindividualcons
3、umers,coupledwiththedesireofbusinessmentomaximizeprofitsandthedesireofindividualstomaximizetheirincomes,thattogetherdeterminewhatshallbeproducedandhowresourcesareusedtoproduceit.Animportantfactorinamarket-orientedeconomyisthemechanismbywhichconsumerd
4、emandscanbeexpressedandrespondedtobyproducers.IntheAmericaneconomy,thismechanismisprovidedbyapricesystem,aprocessinwhichpricesriseandfallinresponsetorelativedemandsofconsumersandsuppliesofferedbyseller-producers.Iftheproductsisinshortsupplyrelativeto
5、thedemand,thepricewillbebidupandsomeconsumerswillbeeliminatedfromthemarket.If,ontheotherhand,producingmoreofacommodityresultsinreducingitscost,thiswilltendtoincreasethesupplyofferedbyseller-producers,whichinturnwilllowerthepriceandpermitmoreconsumers
6、tobuytheproduct.Thus,priceistheregulatingmechanismintheAmericaneconomicsystem.Theimportantfactorinaprivate-enterpriseeconomyisthatindividualsareallowedtoownproductiveresources(privateproperty),andtheyarepermittedtohirelabor,gaincontrolovernaturalreso
7、urces,andproducegoodsandservicesforsaleataprofit.IntheAmericaneconomy,theconceptofprivatepropertyembracesnotonlytheownershipofproductiveresourcesbutalsocertainrights,includingtherighttodeterminethepriceofaproductortomakeafreecontractwithanotherprivat
8、eindividual.51.Inline8,paragraph1,"thedesireofindividualstomaximizetheirincomes"means________.[A]Americansareneversatisfiedwiththeirincomes[B]Americanstendtooverstatetheirincomes[C]Americanswanttohavetheirincomesincreased[D]Americanswanttoincreasethe