Political Science, asked by akshgupta9653, 9 months ago

Explain the meaning of Shock Therapy.

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Answered by Anonymous
27

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Shock therapy is an economic theory that says that sudden, dramatic changes in national economic policy can turn a state-controlled economy into a free-market economy. ... Economic policies in favor of shock therapy include ending price controls and government subsidies.

Answered by archanamankar2215
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