Question

what was the shock Theropy list any two consequences.​

Answer 1

Answer:

Describe any four consequences of Shock Therapy. The consequences are: (i) Collective farms were replaced by private farming and capitalism in agriculture. (ii) Privatisation of state assets and corporate ownership patterns were immediately brought in.

Explanation:

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Answer 2

Answer:

Shock therapy was a painful process of transition from an authoritarian socialist system to a democratic capitalist system . this transformation system was influenced by the world bank and IMF in Russia , Central Asia and East Europe . Through it varies in intensity and speed amongst the farmer second world countries but its direction and features were quite similar