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Assess any two consequences of Shock …

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Assess any two consequences of Shock Therapy.

    • Posted by Trishangku Barman 6 years, 2 months ago

    CBSE > Class 12 > Political Science
    • 2 answers

    Sia ? 6 years, 2 months ago

    The two consequences of Shock Therapy were as follows:

    1. The Shock Therapy brought ruin to the economies and disaster upon the people of the entire region. It was the largest garage sale in history.
    2. The value of the 'Ruble', the Russian currency declined dramatically. The rate of inflation was so high that people lost all their savings.

    2Thank You

    Af Qadri 6 years, 2 months ago

    1- the value of ruble the Russian currency was below and declined and real GDP of Russia in 1999 was below what it is in 1989 2-the old system of Soviet Union was destroyed

    2Thank You

    ANSWER
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