Political Science, asked by 09876lovegupta, 2 months ago

do you think that it was an easy task to move from socialism to capitalism

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Answered by amna

Answer:No, It was not at all an easy task to move from socialism to capitalism.(I believe your question is regarding to the shock therapy)

Explanation:The pre USSR nations were based on the socialism pattern for a century and suddenly their transformation into the capitalist system came as a shock. Therefore this process was called the Shock Therapy.

This resulted in numerous problems

1. The big industries of Russia collapsed.

2. Value of ruble declined.

3.Food scarcity prevailed.

4. Widespread unemployment.etc.

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do you think that it was an easy task to move from socialism to capitalism​

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do you think that it was an easy task to move from socialism to capitalism