英语听力精选进阶版 14245(在线收听

Detroit goes bankrupt

Vocabulary

mass production

producing a large quantities of goods using machines in a factory

thrown in the towel

given up, admitted defeat

spiralling

increasing faster and faster in a downward direction

tax base

total of income, assets and property which can be taxed by a government

incompetent

not having the ability to do something in the right way

insolvent

not having enough money to pay debts

going through

examining carefully

books

financial records

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