新托福阅读真题详解:17世纪的欧洲经济增长

2022-05-23 19:16:27

  In the late sixteenth century and into the seventeenth, Europe continued the growth that hadlifted it out of the relatively less prosperous medieval period (from the mid 400s to the late1400s). Among the key factors behind this growth were increased agricultural productivity andan expansion of trade.

  Populations cannot grow unless the rural economy can produce enough additional food tofeed more people. During the sixteenth century, farmers brought more land into cultivation atthe expense of forests and fens (low-lying wetlands). Dutch land reclamation in the Netherlandsin the sixteenth and seventeenth centuries provides the most spectacular example of theexpansion of farmland: the Dutch reclaimed more than 36.000 acres from 1590 to 1615 alone.

  Much of the potential for European economic development lay in what at first glance wouldseem to have been only sleepy villages. Such villages, however, generally lay in regions ofrelatively advanced agricultural production, permitting not only the survival of peasants butalso the accumulation of an agricultural surplus for investment. They had access to urbanmerchants, markets, and trade routes.

  Increased agricultural production in turn facilitated rural industry, an intrinsic part of theexpansion of industry. Woolens and textile manufacturers, in particular, utilized ruralcottage (in-home) production, which took advantage of cheap and plentiful rural labor. In theGerman states, the ravages of the Thirty Years' War (1618-1648) further moved textileproduction into the countryside. Members of poor peasant families spun or wove cloth andlinens at home for scant remuneration in an attempt to supplement meager family income.

  More extended trading networks also helped develop Europe's economy in this period. Englishand Dutch ships carrying rye from the Baltic states reached Spain and Portugal. Populationgrowth generated an expansion of small-scale manufacturing, particularly of handicrafts,textiles, and metal production in England, Flanders, parts of northern Italy, the southwesternGerman states, and parts of Spain. Only iron smelting and mining required marshaling asignificant amount of capital (wealth invested to create more wealth).

  The development of banking and other financial services contributed to the expansion of trade.By the middle of the sixteenth century, financiers and traders commonly accepted bills ofexchange in place of gold or silver for other goods. Bills of exchange, which had their originsin medieval Italy, were promissory notes (written promises to pay a specified amount of moneyby a certain date) that could be sold to third parties. In this way, they provided credit. At mid-century, an Antwerp financier only slightly exaggerated when he claimed, “0ne can no moretrade without bills of exchange than sail without water." Merchants no longer had to carry goldand silver over long, dangerous journeys. An Amsterdam merchant purchasing soap from amerchant in Marseille could go to an exchanger and pay the exchanger the equivalent sum inguilders, the Dutch currency. The exchanger would then send a bill of exchange to a colleaguein Marseille, authorizing the colleague to pay the Marseille merchant in the merchant's owncurrency after the actual exchange of goods had taken place.

  Bills of exchange contributed to the development of banks, as exchangers began to provideloans. Not until the eighteenth century, however, did such banks as the Bank of Amsterdamand the Bank of England begin to provide capital for business investment. Their principalfunction was to provide funds for the state.

  The rapid expansion in international trade also benefitted from an infusion of capital,stemming largely from gold and silver brought by Spanish vessels from the Americas. Thiscapital financed the production of goods, storage, trade, and even credit across Europe andoverseas. Moreover an increased credit supply was generated by investments and loans bybankers and wealthy merchants to states and by joint-stock partnerships - an Englishinnovation (the first major company began in 1600). Unlike short-term financial cooperationbetween investors for a single commercial undertaking, joint-stock companies providedpermanent funding of capital by drawing on the investments of merchants and other investorswho purchased shares in the company.

  Paragraph 1:In the late sixteenth century and into the seventeenth, Europe continued thegrowth that had lifted it out of the relatively less prosperous medieval period (from the mid400s to the late 1400s). Among the key factors behind this growth were increased agriculturalproductivity and an expansion of trade.

  1. According to paragraph 1, what was true of Europe during the medieval period?

  ○ Agricultural productivity declined.

  ○ There was relatively little economic growth.

  ○ The general level of prosperity declined.

  ○ Foreign trade began to play an important role in the economy.

  2. The word key in the passage is closest in meaning to

  ○ historical

  ○ many

  ○ important

  ○ hidden

  Paragraph 2:Populations cannot grow unless the rural economy can produce enoughadditional food to feed more people. During the sixteenth century, farmers brought more landinto cultivation at the expense of forests and fens (low-lying wetlands). Dutch land reclamationin the Netherlands in the sixteenth and seventeenth centuries provides the most spectacularexample of the expansion of farmland: the Dutch reclaimed more than 36.000 acres from 1590to 1615 alone.

  3. According to paragraph 2, one effect of the desire to increase food production was that

  ○ land was cultivated in a different way

  ○ more farmers were needed

  ○ the rural economy was weakened

  ○ forests and wetlands were used for farming

  Paragraph 3:Much of the potential for European economic development lay in what at firstglance would seem to have been only sleepy villages. Such villages, however, generally lay inregions of relatively advanced agricultural production, permitting not only the survival ofpeasants but also the accumulation of an agricultural surplus for investment. They had accessto urban merchants, markets, and trade routes.

  4. According to paragraph 3, what was one reason villages had such great economic potential?

  ○ Villages were located in regions where agricultural production was relatively advanced.

  ○ Villages were relatively small in population and size compared with urban areas.

  ○ Some village inhabitants made investments in industrial development.

  ○ Village inhabitants established markets within their villages.

  Paragraph 4:Increased agricultural production in turn facilitated rural industry, an intrinsicpart of the expansion of industry. Woolens and textile manufacturers, in particular, utilizedrural cottage (in-home) production, which took advantage of cheap and plentiful rural labor.In the German states, the ravages of the Thirty Years' War (1618-1648) further moved textileproduction into the countryside. Members of poor peasant families spun or wove cloth andlinens at home for scant remuneration in an attempt to supplement meager family income.

  5. Paragraph 4 supports the idea that increased agricultural production was important for theexpansion of industry primarily because it.

  ○ increased the number of available workers in rural areas

  ○ provided new types of raw materials for use by industry

  ○ resulted in an improvement in the health of the rural cottage workers used bymanufacturers

  ○ helped repair some of the ravages of the Thirty Years’ War

  6. The word meager in the passage is closest in meaning to

  ○ very necessary

  ○ very low

  ○ traditional

  ○ primary

  Paragraph 5:More extended trading networks also helped develop Europe's economy in thisperiod. English and Dutch ships carrying rye from the Baltic states reached Spain and Portugal.Population growth generated an expansion of small-scale manufacturing, particularly ofhandicrafts, textiles, and metal production in England, Flanders, parts of northern Italy, thesouthwestern German states, and parts of Spain. Only iron smelting and mining requiredmarshaling a significant amount of capital (wealth invested to create more wealth).

  7. Why does the author mention that English and Dutch ships carrying rye from the Balticstates reached Spain and Portugal?

  ○ To suggest that England and the Netherlands were the two most important trading nations inseventeenth-century Europe

  ○ To suggest how extensive trading relations were

  ○ To contrast the importance of agricultural products with manufactured products

  ○ To argue that shipping introduced a range of new products

  Paragraph 6:The development of banking and other financial services contributed to theexpansion of trade. By the middle of the sixteenth century, financiers and traders commonlyaccepted bills of exchange in place of gold or silver for other goods. Bills of exchange, whichhad their origins in medieval Italy, were promissory notes (written promises to pay a specifiedamount of money by a certain date) that could be sold to third parties. In this way, theyprovided credit. At mid-century, an Antwerp financier only slightly exaggerated when heclaimed, “0ne can no more trade without bills of exchange than sail without water." Merchantsno longer had to carry gold and silver over long, dangerous journeys. An Amsterdam merchantpurchasing soap from a merchant in Marseille could go to an exchanger and pay the exchangerthe equivalent sum in guilders, the Dutch currency. The exchanger would then send a bill ofexchange to a colleague in Marseille, authorizing the colleague to pay the Marseille merchantin the merchant's own currency after the actual exchange of goods had taken place.

  8. By including the quotation in paragraph 6 by the financier from Antwerp, the author isemphasizing that

  ○ sailing was an important aspect of the economy

  ○ increasing the number of water routes made trade possible

  ○ bills of exchange were necessary for successful trading

  ○ financiers often exaggerated the need for bills of exchange

  9. According to paragraph 6, merchants were able to avoid the risk of carrying large amountsof gold and silver by

  ○ using third parties in Marseille to buy goods for them

  ○ doing all their business by using Dutch currency

  ○ paying for their purchases through bills of exchange

  ○ waiting to pay for goods until the goods had been delivered

  Paragraph 7:Bills of exchange contributed to the development of banks, as exchangers beganto provide loans. Not until the eighteenth century, however, did such banks as the Bank ofAmsterdam and the Bank of England begin to provide capital for business investment. Theirprincipal function was to provide funds for the state.

  10. According to paragraph 7, until the eighteenth century, it was the principal function ofwhich of the following to provide funds for the state?

  ○ Bills of exchange

  ○ Exchangers who took loans

  ○ Banks

  ○ Business investment

  Paragraph 8:The rapid expansion in international trade also benefitted from an infusion ofcapital, stemming largely from gold and silver brought by Spanish vessels from the Americas.This capital financed the production of goods, storage, trade, and even credit across Europeand overseas. Moreover an increased credit supply was generated by investments and loansby bankers and wealthy merchants to states and by joint-stock partnerships - an Englishinnovation (the first major company began in 1600). Unlike short-term financial cooperationbetween investors for a single commercial undertaking, joint-stock companies providedpermanent funding of capital by drawing on the investments of merchants and other investorswho purchased shares in the company.

  11. The phrase an English innovation in the passage is closest in meaning to

  ○ a new development introduced by the English

  ○ an arrangement found only in England

  ○ a type of agreement negotiated in English

  ○ a type of partnership based on English law

  12. According to paragraph 8, each of the following was a source of funds used to financeeconomic expansion EXCEPT

  ○ groups of investors engaged in short-term financial cooperation

  ○ the state

  ○ wealthy merchants

  ○ joint-stock companies

  Paragraph 6:The development of banking and other financial services contributed to theexpansion of trade. By the middle of the sixteenth century, financiers and traders commonlyaccepted bills of exchange in place of gold or silver for other goods. Bills of exchange, whichhad their origins in medieval Italy, were promissory notes (written promises to pay a specifiedamount of money by a certain date) that could be sold to third parties. In this way, theyprovided credit. At mid-century, an Antwerp financier only slightly exaggerated when heclaimed, “0ne can no more trade without bills of exchange than sail without water." Merchantsno longer had to carry gold and silver over long, dangerous journeys. An Amsterdam merchantpurchasing soap from a merchant in Marseille could go to an exchanger and pay the exchangerthe equivalent sum in guilders, the Dutch currency. The exchanger would then send a bill ofexchange to a colleague in Marseille, authorizing the colleague to pay the Marseille merchantin the merchant's own currency after the actual exchange of goods had taken place.

  13. Look at the four squares [] that indicate where the following sentence could be added tothe passage.

  They could also avoid having to identify and assess the value of a wide variety of coins issuedin many different places.

  Where would the sentence best fit?

  14.Directions: An introductory sentence for a brief summary of the passage is providedbelow. Complete the summary by selecting the THREE answer that express the most importantideas in the passage. Some sentences do not belong in the summary because they expressideas that not presented in the passage or are minor ideas in the passage. This question isworth 2 points.

  In late sixteenth-and early seventeenth-century Europe, increased agricultural production andthe expansion of trade were important in economic growth

  Answer choices

  ○ Bringing more land under cultivation produced enough food to create surpluses for tradeand investment as well as for supporting the larger populations that led to the growth of ruralindustry.

  ○ Most rural villages established an arrangement with a nearby urban center that enabledvillagers to take advantage of urban markets to sell any handicrafts they produced.

  ○ Increases in population and the expansion of trade led to increased manufacturing, much ofit small-scale in character but some requiring significant capital investment.

  ○ Increased capital was required for the production of goods, for storage, for trade, and forthe provision of credit throughout of Europe as well as distant markets overseas.

  ○ Bills of exchange were invented in medieval Italy but became less important as banks beganto provide loans for merchants.

  ○ The expansion of trade was facilitated by developments in banking and financial services andbenefitted from the huge influx of capital in the form of gold silver from the Americas.

  参考答案:

  1. ○2

  2. ○3

  3. ○4

  4. ○1

  5. ○1

  6. ○2

  7. ○2

  8.○3

  9. ○3

  10. ○3

  11. ○1

  12. ○2

  13. ○3

  14. ○1 3 6
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  参考译文:

  17世纪的欧洲经济增长

  在十六和十七世纪之交,欧洲经济保持着脱离中世纪(公元5世纪中至公元15世纪末)衰微的势头继续增长。拉动经济增长最关键的因素是农业生产力的提高和贸易规模的扩大。

  如果乡村经济不能生产足够的食物的话,人口增长就不可能。在十六世纪的时候,农民们砍伐森林,开发湿地来扩大耕地面积。荷兰的土地开发利用无疑是十六到十七世纪中最引人注目的:单单是在1590年到1615年间,荷兰就开发利用了36000多英亩的土地。

  欧洲经济增长的巨大潜力是在那些第一眼看过去好像沉睡着的乡镇。这些乡镇大多地处农业相对发达的地区,在这儿,不仅农民得以生存,可用于投资的富余农产品也得以积累。这些乡镇邻近城市的商人,市场以及贸易线路。

  农业的发展反过来促进了工业中的一份子——农村工业的发展。尤其是羊毛和纺织制造商们,他们利用农村大量廉价的劳动力来进行工场制的生产。在德国,由“三十年战争”所造成的破坏进一步促使纺织业向乡村迁移。为了补贴本已经微薄的家庭收入,贫困潦倒的农民们通过在家纺织衣料或亚麻来换取少量的报酬。

  扩大的贸易网络也促进了这段时期欧洲经济的增长。英国和荷兰的商船从波罗的海各国带黑麦到西班牙和葡萄牙来卖。在英国,佛南德斯,意大利北部,德国西南部和西班牙部分地区,人口的增长促进了小规模手工业的发展,尤其是手工艺品,纺织品和金属制品。

  银行和其他金融服务促进了贸易的发展。到十六世纪中叶,从事金融和贸易的人员已经基本接受了使用汇票取代金银进行交易。始于中世纪意大利的汇票是一种可以和第三方进行交易的期票(其上注明在规定时间内支付特定数额的钱)。就这样,这些汇票具有了信用。在这个世纪的中期,一位安特卫普的金融从业人员并没有过分夸张地说:“缺少了汇票,贸易根本就不可能进行下去,比没有水的航行还不可能。”商人就此再也不用携带金银踏上漫长危险的旅途了。一位向马赛商人购买肥皂的阿姆斯特丹商人可以找到一位兑换人,然后付给那位兑换人等值的荷兰货币——荷兰盾。那位兑换方其后将会给他在马赛的同事寄去汇票,凭借此汇票,当货物交易完成后,马赛的兑换人就会以卖家本国的货币支付给卖家相应的钱。

  随着兑换人开始提供贷款服务,汇票对于银行的发展起到了促进作用。然而,直到十八世纪,诸如阿姆斯特丹银行和英格兰银行才开始商业投资贷款业务。它们的首要功能是为政府提供资金。

  由西班牙商船从美国带来的金银成为了促进国际贸易快速发展的资本注入。这些资本资助了商品的生产,存储,交易,甚至是全欧洲乃至海外的贷款。不仅如此,投资,政府向银行家和商人的借贷以及一项英国的革新——股份制公司(第一家主要的股份制公司始于1600年)都增加了贷款的供应。与由投资家组成的以单个商业项目为目的的短期财团不同,股份制公司通过商人和其他投资者购买公司股份所带来的投资提供长期的资金筹集。

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