Discuss the economic features of the …

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Yogita Ingle 6 years, 2 months ago
Shock Therapy was a process of transformation of an authoritarian socialist system to a democratic capitalist system.
1. The transition was inspired by the World Bank and International Monetary fund in Russia, central Asia, and Eastern Europe.
2. The therapy was a sudden change that transformed the state-controlled economy into a free market economy.
2Thank You