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nbsp;control of governments via regulation,nationalization and,in extreme cases,expropriation(没收).
Take the Erie Canal,which was completed in 1825. Its success led to the great American canal boom of the 1830s.It ended just a few years later in a tremendous failure,as most of the other canals failed to make money.The Erie,too,began to suffer from competition,first from railroads and,eventually,from trucks.In the end,the railroad industry--which helped create an unprecedented industrial boom--proved to be disastrous for most investors.By 1895,most U.S.railroads had to be restructured.
Now-familiar technologies like cars,radios,cash registers and mainframe computers were all at some point new and revolutionary.But the spread of the technologies led inevitably to the demise of their creators’“excessive”profits,as each became just another commodity.Don’t think for a minute that the internet will be any different.
26.The purpose of this passage is _______.
A.to pour cold water on the booming Internet industry
B.to exemplify why New Eras of the past failed
C.to justify the profitability of Internet business
D.to explore the prosperity and decline of&nbs 上一页 [1] [2] [3] [4] [5] [6] [7] 下一页
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