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The Industrial Revolution required levels of financing which

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The Industrial Revolution required [#permalink] New post 06 Dec 2009, 18:43
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

92% (01:14) correct 8% (00:16) wrong based on 4 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] New post 06 Dec 2009, 19:01
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] New post 06 Dec 2009, 19:04
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] New post 06 Dec 2009, 19:18
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] New post 06 Dec 2009, 19:29
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] New post 06 Dec 2009, 22:17
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] New post 16 Mar 2014, 21:40
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 ?


The subject is "levels" which is plural and so, the option with "were" should be right...
Re: The Industrial Revolution required   [#permalink] 16 Mar 2014, 21:40
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