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(单词翻译:双击或拖选)
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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