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The Industrial Revolution required [#permalink]
 06 Dec 2009, 19:43
Question Stats:
80% (01:09) correct
20% (00:16) wrong based on 0 sessions
The Industrial Revolution required levels of financing which were previously unknown; for
instance, Florence had eighty banking houses that took deposits, made loans, and performed many of the other functions of a modern bank.
(B) that were previously unknown
(E) that was previously unknown
"that was" or "that were" .....how to decide ?
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Re: The Industrial Revolution required [#permalink]
06 Dec 2009, 20:01
ghentu wrote: The Industrial Revolution required levels of financing which were previously unknown; for
instance, Florence had eighty banking houses that took deposits, made loans, and performed many of the other functions of a modern bank.
(B) that were previously unknown
(E) that was previously unknown
"that was" or "that were" .....how to decide ? "levels" is plural so you need to have the plural past version of "to be" which is "were".
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Re: The Industrial Revolution required [#permalink]
06 Dec 2009, 20:04
OA is B .
you are right.
Can you please tell what does it mean by "levels of financing" ?
what does "levels" means here ?
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Re: The Industrial Revolution required [#permalink]
06 Dec 2009, 20:18
ghentu wrote: OA is B .
you are right.
Can you please tell what does it mean by "levels of financing" ?
what does "levels" means here ? In this case it means a large amount of borrowing (money). Financing usually means borrowing money.
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Re: The Industrial Revolution required [#permalink]
06 Dec 2009, 20:29
Thanks for the information.
when it says "Florence had eighty banking houses that took deposits, made loans"
banks took loans or bank offered loans ?
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Re: The Industrial Revolution required [#permalink]
06 Dec 2009, 23:17
IMO B from Florence example it is clear about the levels of financing, like making deposits, giving loans, performing other activities which banks do, etc. hope u r clear now ....
_________________
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Re: The Industrial Revolution required
[#permalink]
06 Dec 2009, 23:17
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