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Investors are being encouraged to continue ploughing their savings into the stock market after shares in London recovered all the losses incurred since September 11. The advice comes despite America’s Dow Jones industrial average tumbling on Friday after a case of anthrax was diagnosed in New York. Consumer spending in America also slumped by more than three times economists’ predictions in September, pushing share prices back below pre-attack levels.The FTSE 100 index of Britain’s largest companies closed on Friday at 5,145 — up 112 points on its September 10 close. The Dow in New York rallied late on to close at 9,344, down 66 points. Although most experts are predicting further volatility in the coming months, they remain cautiously optimistic that the FTSE 100 will begin a sustained, if rocky, rally towards 5,500 by the end of the year. The immediate economic outlook is still bleak. Some commentators predict that America will endure a recession lasting six months. They also expect Britain to suffer a sharp slowdown. But analysts say the market is well placed to absorb any further bad news.Sharp economic downturns can, perversely, be good for the market because they force firms to be more cost-efficient. Therefore, any announcements about rising unemployment or corporate streamlining could have a positive effect on shares. Of more concern to private investors is the impact that another terrorist attack would have on shares. If this were to happen, the market would almost certainly slump again. But history suggests that it would, once again, make up any lost ground within weeks. Experts are therefore urging private investors not to repeat their past mistakes, when they waited for a sustained rally before feeling confident enough to invest. Cross said, “It’s peculiar that investors feel it’s safer to invest after the market has risen by 25% than when it has fallen by 25%. Common sense suggests that the opposite would be more appropriate.” Mike Lenhoff of Gerrard, the stockbroker, said that if the market hit 5 500 and remained around that level for some weeks, it would be a sign that further, sustained gains were imminent. He said, “Getting back to 5 500 would be important, because if the index stayed at that level, the psychology of the market would change substantially. Defensive shares would become too expensive and big investors would start moving into value stocks, which are the type of firms that do well in an economic recovery.”But private investors could be forgiven for their pessimistic mood, as nearly all Isa buyers have suffered big losses. But investors can take some comfort from the fact that the next three months are traditionally the best-performing period of the year for the stock market. David Schwartz, the stock-market historian, said the index almost always rose in the period between November and April. Since 1974, the market went up on 24 occasions between November and April, by an average of 15%, and dropped only three times. Schwartz said, “It’s no guarantee for this year, but history is on our side.”1.We learn from the first paragraph that( ).2.The reason why some experts remain cautiously optimistic about the FTSE is that they believe that( ).3.In the present situation, corporate downsizing may( ).4.Experts advise private investors to avoid their past mistakes by( ).5.From the last sentence of the passage, we may infer that Schwartz believes that( ).

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Ethnography is the study of a particular human society or the process of making such a study. Contemporary ethnography is based almost entirely on fieldwork and requires the complete immersion of the anthropologist in the culture and everyday life of the people who are the subject of his study. Ethnography, by virtue of its intersubjective nature, is necessarily comparative. Given that the anthropologist in the field necessarily retains certain cultural biases, his observations and descriptions must, to a certain degree, be comparative. Thus the formulating of generalizations about culture and the drawing of comparisons inevitably become components of ethnography.Modern anthropologists usually identify the establishment of ethnography as a professional field with the pioneering work of both the Polish-born British anthropologist Bronislaw Malinowski in the Trobriand Islands of Melanesia. Ethnographic fieldwork has since become a sort of rite of passage into the profession of cultural anthropology. Many ethnographers reside in the field for a year or more, learning the local language or dialect and, to the greatest extent possible, participating in everyday life while at the same time maintaining an observer’s objective detachment.This method, called participant-observation, while necessary and useful for gaining a thorough understanding of a foreign culture, is in practice quite difficult. Just as the anthropologist brings to the situation certain inherent, if unconscious, cultural biases, so also is he influenced by the subject of his study. While there are cases of ethnographers who felt alienated or even repelled by the culture they entered, many—perhaps most—have come to identify closely with “their people”, a factor that affects their objectivity. In addition to the technique of participant-observation, the contemporary ethnographer usually selects and cultivates close relationships with individuals, known as informants, who can provide specific information on ritual, kinship, or other significant aspects of cultural life. In this process also the anthropologist risks the danger of biased viewpoints, as those who most willingly act as informants frequently are individuals who are marginal to the group and who, for ulterior motives (e.g., alienation from the group or a desire to be singled out as special by the foreigner), may provide other than objective explanations of cultural and social phenomena. A final hazard inherent in ethnographic fieldwork is the ever-present possibility of cultural change produced by or resulting from the ethnographer’s presence in the group.Contemporary ethnographies usually adhere to a community, rather than individual, focus and concentrate on the description of current circumstances rather than historical events. Traditionally, commonalities among members of the group have been emphasized, though recent ethnography has begun to reflect an interest in the importance of variation within cultural systems. Ethnographic studies are no longer restricted to small primitive societies but may also focus on such social units as urban ghettos. The tools of the ethnographer have changed radically since Malinowski’s time. While detailed notes are still a mainstay of fieldwork, ethnographers have taken full advantage of technological developments such as motion pictures and tape recorders to augment their written accounts.1. The last sentence of Para.1 indicates or suggests that _____.2. Which of the following may NOT give biases to the ethnographer’s study of culture?3. The ethnographer shows great interest in all of the following EXCEPT _____.4. According to the passage, it was Malinowski who _____.5. It is implied in the last paragraph that the method used by earlier ethnographers was _____.

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We might marvel at the progress made in every field of study, but the methods of testing a person’s knowledge and ability remain as primitive as ever they were. It really is extraordinary that, after all these years, educationists have still failed to device anything more efficient and reliable than examinations. For all the pious claim that examinations text what you know, it is common knowledge that they more often do the exact opposite. They may be a good means of testing memory, or the knack of working rapidly under extreme pressure, but they can tell you nothing about a person’s true ability and aptitude.As anxiety-makers, examinations are second to none. That is because so much depends on them. They are the mark of success of failure in our society. Your whole future may be decided in one fateful day. It doesn’t matter that you weren’t feeling very well, or that your mother died. Little things like that don’t count: the exam goes on. No one can give of his best when he is in mortal terror, or after a sleepless night, yet this is precisely what the examination system expects him to do. The moment a child begins school, he enters a world of vicious competition where success and failure are clearly defined and measured. Can we wonder at the increasing number of “drop-outs”: young people who are written off as utter failures before they have even embarked on a career? Can we be surprised at the suicide rate among students?A good education should, among other things, train you to think for yourself. The examination system does anything but that. What has to be learnt is rigidly laid down by a syllabus, so the student is encouraged to memorize. Examinations do not motivate a student to read widely, but to restrict his reading; they do not enable him to seek more and more knowledge, but induce cramming. They lower the standards of teaching, for they deprive the teacher of all freedoms. Teachers themselves are often judged by examination results and instead of teaching their subjects, they are reduced to training their students in exam techniques which they despise. The most successful candidates are not always the best educated; they are the best trained in the technique of working under duress.The results on which so much depends are often nothing more than a subjective assessment by some anonymous examiner. Examiners are only human. They get tired and hungry; they make mistakes. Yet they have to mark stacks of hastily scrawled scripts in a limited amount of time. They work under the same sort of pressure as the candidates. And their word carries weight. After a judge’s decision you have the right of appeal, but not after an examiner’s. There must surely be many simpler and more effective ways of assessing a person’s true abilities. Is it cynical to suggest that examinations are merely a profitable business for the institutions that run them? This is what it boils down to in the last analysis. The best comment on the system is this illiterate message recently scrawled on a wall: “I were a teenage drop-out and now I are a teenage millionaire.”1. The main idea of this passage is _____.2. The author’s attitude toward examinations is _____.3. The fate of students is decided by _____.4. According to the author, the most important of a good education is _____.5. Why does the author mention court?

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Games have been played for thousands of years and are common(1)all cultures. Throughout history and(2)the world people have used sticks to draw simple game boards on the ground,(3)up rules that incorporate stones or other common objects(4)playing pieces. About 5, 000 years ago people began to make more permanent game boards from sun-dried mud or wood.Some of the oldest board games may have evolved from methods of fortune-telling. The game of go, which many experts regard as the finest example of a pure strategy game, may have evolved from a method of fortune-telling practiced in China more than three thousand years ago,(5)black and white pieces were cast onto a square board marked with symbols of various significance. Go also involves black and white pieces on a board, but players deliberately place them on intersections of lines while trying to(6)more territory than opponent.Chess, Xiangqi (Chinese chess) and Shogi (Japanese chess) are(7)the most widely played board games in the world.(8)quite different, all three are believed to have evolved from a common ancestor—either a 6th-century game played in India or an earlier game played in China.(9)the centuries, chess(10)westward to the Middle East and(11)Europe, with rules(12)frequently. The game also spread(13)to Korea and Japan,(14)in very different rules changes.For most of human history, a game could not(15)much popularity unless it was(16)easy for players to make their own equipment. The(17)of printing (which occurred in the mid-1400s in the West) made this process easier, but it was(18)the advance of the 18th-century Industrial Revolution that it became possible to mass-produce many new(19)of games. Twentieth-century technological advances such as the invention of plastic and the computer revolution led to the creation of more games, and more new kinds of games, than in all previous centuries(20).

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