Question

What was Shock Therapy? What were its features​

Answer 1

Explanation:

Characteristics of shock therapy include the ending of price controls, the privatization of publicly-owned entities, and trade liberalization. The opposite of shock therapy, gradualism, indicates a slow and steady transition from a controlled economy to an open economy.

Answer 2

Answer:

Shock therapy is a financial theory that believes that sudden and dramatic change in national economic policy can turn a state-controlled economy into a free-market one. The name, shock therapy refers to the concept of quite literally shocking, or shaking up, the economy, with sudden and dramatic economic policies that affect prices and employment

content credits: brainly