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

CBSE BoardEnglish MediumSTD 12 HumanitiesPolitical ScienceThe End of Bipolarity2 Marks
Question
What is meant of Shock therapy?
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Answer

After the disintegration of Soviet Union, the process of transition from authoritarian socialist system to a democratic capitalist system influenced by the World Bank and International Monetary Fund (IMF) is known as ‘Snock Therapy’.

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