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The End of Bipolarity — Political Science STD 12 Humanities — Question

CBSE BoardEnglish MediumSTD 12 HumanitiesPolitical ScienceThe End of Bipolarity5 Marks
Question
Study the passage given below carefully and answer the questions that follow:
The collapse of Communism was followed in most of these countries by a painful process of transition from an authoritarian socialist system to a democratic capitalist system. Privatisation of state assets and corporate ownership Patterns were to be immediately brought in.
  1. Why was the process of transition been described as painful?
  2. Which political system existed before the transition and which system replaced it, if any?
  3. What does privatisation imply?
✓

Answer

  1. The collapse of communism was followed in most of the countries by a painful process from an authoritarian socialist system to a democratic system.
  2. From Authoritarian to democratic capitalist system.
  3. Privatisation imply that state having assets and ownership pattern. And disinvestment all these for the betterment of the country. Whereas as the govt. remained little right and gone the lion share to private sector players.

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