According to Para.7, which is NOT the new model created by the venture capital-financed start-ups? ( )
A. a powerful network and social structure for innovation
B. a product of open thinking
C. a culture that value ideas
D. a venture-capital system
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What is the problem of start-up economy two decades ago according to Para. 3? ( )
A. The start-up economy generated new industries while sacrificing old ones.
B. Many technical experts lost their jobs in the manufacturing industries.
C. Nobody would like to take the manufacturing jobs despite of high salary.
D. Economy developed more slowly than before with the rise of start-ups.
What did the business leaders and entrepreneurs worry about during and after the Great Depression in Para. 6? ( )
A. the technology for new start-ups
B. the possibility to attract federal investment
C. the economy’s ability to recover former vitality
D. the capability to hire top faulty for research
In Para. 5, what are the elements that make Silicon Valley a fertile ground for start-ups according to a humorous person? ( )
A. great research university
B. ambitious leaders
C. human resources
D. venture capital
What do the successful early stage start-ups have in common according to Para. 5? ( )
A. They have many different platforms for young people to do investment and financing.
B. They’re supported by advanced technologies and visionary investors.
C. They’re founded by a comprehensive team of individuals from various backgrounds.
D. They undergo great risks and challenges before successfully start up a business.
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