Question

Which among the following statements is wrong about the Shock Therapy? *

A)Public ownership was the dominant pattern of ownership of property.

B) The free trade regime and foreign direct investment were the main engines of change.

C) The western capitalist states became the leaders.​

Answer 1

Which among the following statements that describe the nature of Soviet economy is wrong? 

A.

(a) Socialism was the dominant ideology.

B.

(b) State ownership/control existed over the factors of production.

C.

(c) People enjoyed economic freedom.

D.

(d) Every aspect of the economy was planned and controlled by the State.