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Senior Manager
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Woodrow Wilson was referring to the liberal idea of the [#permalink]
28 Jun 2004, 07:31
Woodrow Wilson was referring to the liberal idea of the economic market when he said that the free enterprise system is the most efficient economic system. Maximum freedom means (5) maximum productiveness; our "openness" is to be the measure of our stability. Fascination with this ideal has made Americans defy the "Old World" categories of settled possessiveness versus unsettling deprivation, the cupidity of retention (10) versus the cupidity of seizure, a "status quo" defended or attacked. The United States, it was believed, had no status quo ante. Our only "sta- tion" was the turning of a stationary wheel, spin- ning faster and faster. We did not base our (15) system on property but opportunity---which meant we based it not on stability but on mobil- ity. The more things changed, that is, the more rapidly the wheel turned, the steadier we would be. The conventional picture of class politics is (20) composed of the Haves, who want a stability to keep what they have, and the Have-Nots, who want a touch of instability and change in which to scramble for the things they have not. But Americans imagined a condition in which spec- (25) ulators, self-makers, runners are always using the new opportunities given by our land. These eco- nomic leaders (front-runners) would thus he mainly agents of change. The nonstarters were considered the ones who wanted stability, a (30) strong referee to give them some position in the race, a regulative hand to calm manic specula- tion; an authority that can call things to a halt, begin things again from compensatorily stag- gered "starting lines." (35) "Reform" in America has been sterile because it can imagine no change except through the extension of this metaphor of a race, wider inclu- sion of competitors, "a piece of the action," as it were, for the disenfranchised. There is no (40) attempt to call off the race. Since our only sta- bility is change, America seems not to honor the quiet work that achieves social interdependence and stability. There is, in our legends, no hero- ism of the office clerk, no stable industrial work (45) force of the people who actually make the system work. There is no pride in being an employee (Wilson asked for a return to the time when everyone was an employer). There has been no boasting about our social workers---they are (50) merely signs of the system's failure, of opportu- nity denied or not taken, of things to be elimi- nated. We have no pride in our growing interdependence, in the fact that our system can serve others, that we are able to help those in (55) need; empty boasts from the past make us ashamed of our present achievements, make us try to forget or deny them, move away from them. There is no honor but in the Wonderland race we must all run, all trying to win, none (60) winning in the end (for there is no end).
1. The primary purpose of the passage is to (A) criticize the inflexibility of American economic mythology (B) contrast "Old World" and "New World" economic ideologies (C) challenge the integrity of traditional political leaders (D) champion those Americans whom the author deems to be neglected (E) suggest a substitute for the traditional metaphor of a race
2. According to the passage, "Old World" values were based on (A) ability (B) property (C) family connections (D) guild hierarchies (E) education
3. In the context of the author's discussion of regulating change, which of the following could be most probably regarded as a "strong referee" (line 30) in the United States? (A) A school principal (B) A political theorist (C) A federal court judge (D) A social worker (E) A government inspector
4. The author sets off the word "Reform" (line 35) with quotation marks in order to (A) emphasize its departure from the concept of settled possessiveness (B) show his support for a systematic program of change (C) underscore the flexibility and even amorphousness of United States society. (D) indicate that the term was one of Wilson's favorites (E) assert that reform in the United States has not been fundamental
5. It can be inferred from the passage that the author most probably thinks that giving the disenfranchised "a piece of the action " (line 38) is (A) a compassionate, if misdirected, legislative measure (B) an example of Americans' resistance to profound social change (C) an innovative program for genuine social reform (D) a monument to the efforts of industrial reformers (E) a surprisingly "Old World" remedy for social ills
6. Which of the following metaphors could the author most appropriately use to summarize his own assessment of the American economic system (lines 35-60)? (A) A windmill (B) A waterfall (C) A treadmill (D) A gyroscope (E) A bellows
7. It can be inferred from the passage that Woodrow Wilson's ideas about the economic market (A) encouraged those who "make the system work" (lines 45-46) (B) perpetuated traditional legends about America (C) revealed the prejudices of a man born wealthy (D) foreshadowed the stock market crash of 1929 (E) began a tradition of presidential proclamations on economics
8. The passage contains information that would answer which of the following questions? Ⅰ.What techniques have industrialists used to manipulate a free market? Ⅱ.In what ways are " New World" and " Old World" economic policies similar? Ⅲ. Has economic policy in the United States tended to reward independent action? (A) Ⅰonly (B) Ⅱonly (C) Ⅲ only (D) Ⅰand Ⅱ only (E) Ⅱand Ⅲ only
9. Which of the following best expresses the author's main point? (A) Americans' pride in their jobs continues to give them stamina today. (B) The absence of a status quo ante has undermined United States economic structure. (C) The free enterprise system has been only a useless concept in the United States (D) The myth of the American free enterprise system is seriously flawed. (E) Fascination with the ideal of "openness" has made Americans a progressive people.
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Senior Manager
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Hey guys no one for this Q
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Man, this is a tough one. Took me 8 minutes to read the passage and about 12 minutes to answer the questions (going back to re-read the lines)... too long. I don't think I did well, either.
1. C
2. B
3. D
4. E
5. B
6. C
7. B
8. B
9. D
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Searching for an answer...
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Very difficult one indeed. time for the first read of the passage: 3 min
Answering the questions: 8 min. I am sure that comprehension would be around 40% (I hope!!!)
Answers:
1) B
2)A
3)C
4)C
5)A
6)A
7)B
8)C
9)D
Thinking back a comprehension of 40% in this passage for me would be exceptional by my standards
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Senior Manager
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Hi Guys,
I have taken exatly 23 minutes to finish the whole passage. Initial reading was around 2-3 minutes and I got the gist (hopefully). The rest of the time was spent for the individual queries.
(1)D (2)B (3)C (4)A (5)B (6)B (7)A (8)B (9)D
Please let us know the original answers so that we can check our comprehension.mba wrote: Hey guys no one for this Q 
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Awaiting response,
Thnx & Rgds,
Chandra
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GMAT Club Legend
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Wow, awful RC. 5 min to read and 20 min (yes, too much here) to answer questions
1- A
2- B
3- C
4- E
5- B
6- C
7- A
8- C
9- D
I'm done
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Best Regards,
Paul
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Senior Manager
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Yeah! guys it was touch one!
OA:
A
B
C
E
B
C
B
C
D
I was totaly screwed up by this RC, got very bad score on this RC. But you guys are simple great!! (I took 17 minutes in total, 3minutes for reading passage)
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Senior Manager
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Atleast, I am not
I got just 4 out of 9. Anyway, there is room for improvement always
mba wrote: Yeah! guys it was touch one!
OA: A B C E B C B C D
I was totaly screwed up by this RC, got very bad score on this RC. But you guys are simple great!! (I took 17 minutes in total, 3minutes for reading passage)
_________________
Awaiting response,
Thnx & Rgds,
Chandra
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For those who chose (C) for question 6 I demand an explanation ?
Thanks,
Anand.
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anandnk wrote: For those who chose (C) for question 6 I demand an explanation ?
Thanks, Anand.
Sorry for the late replay Anandnk.
Line 12:
Our only "sta-
tion" was the turning of a stationary wheel, spin-
ning faster and faster
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Best Regards,
Paul
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Paul wrote: anandnk wrote: For those who chose (C) for question 6 I demand an explanation ?
Thanks, Anand. Sorry for the late replay Anandnk. Line 12: Our only "sta- tion" was the turning of a stationary wheel, spin- ning faster and faster
There is no honor but in the Wonderland race we must all run, all trying to win, none (60) winning in the end (for there is no end).
I guess a treadmill suits this all.
I got 4/9 too. I wonder if we should post and practice more RCs in the forum. The biggest problem would be type the whole stuff.
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Hi Paul, HW_Indian,
I thought the OA to Q6 (B) I did choose (C). Now I dont know why I posted this Q in the first place??
Thanks anyways,
Anand.
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Manager
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this royally blew! i got 5/9 please dont tell me this is a REAL GMAT RC
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1.A
2.B
3.E X C
4.E
5.B
6.C
7.B
8.C
9.C X D
ick.. tough reading.
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