How far can Shock Therapy be called the best way to make the transition from communism to Capitalism?

Solution

It was the best way because it had privatised state-owned assets, replaced collective farms with private agriculture, introduced free trade and Foreign Direct Investments.

Some More Questions From The End of Bipolarity Chapter

What was Shock Therapy ? Was this the best way to make a transition from communism to capitalism ?

Write an essay for or against the following proposition : 'With the disintegration of the second world, India should change its foreign policy and focus more on friendship with the US rather than with traditional friends like Russia'.

For Daily Free Study Material Join wiredfaculty

The End Of Bipolarity

How far can Shock Therapy be called the best way to make the transition from communism to Capitalism?

Some More Questions From The End of Bipolarity Chapter

What was Shock Therapy ? Was this the best way to make a transition from communism to capitalism ?

Write an essay for or against the following proposition : 'With the disintegration of the second world, India should change its foreign policy and focus more on friendship with the US rather than with traditional friends like Russia'.

Which was regarded to be the greatest symbol of the Cold War ?

When did the Berlin wall topple by the people?

Why is the fall of Berlin wall in 1989 considered as the end of bipolarity?

On which ideals was the Soviet system founded?

Mention two faults of the Soviet system.

Which state became the successor state of the USSR after its disintegration?

Who was Gorbachev? What had he tried to do in USSR?

Why did the coup take place in USSR in 1991 ?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Phone Number

Email Address

Loaction