Political Science, asked by Rohitahlawat2551, 10 months ago

What is meant by shock therapy in post communist regime

Answers

Answered by vikashRaojaat

Answer:

DEFINITION of 'Shock Therapy' A sudden and dramatic change in national economic policy that turns a state-controlled economy into a free-market one. Characteristics of shock therapy include the ending of price controls, the privatization of publicly-owned entities and trade liberalization.

Answered by ccmonlineclass

Answer:

conclusion of shock terapy

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