Social Sciences, asked by coolkago, 8 months ago

what is mean by shock therapy​

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Answered by Arshdeep505
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Explanation:

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 Anonymous
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Answer:

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

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