Assam ASSEB Higher Secondary Political Science Practice Questions - Assam State School Education Board (ASSEB) HS Class 11-12 Political Science Examination Exam

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What term describes the economic model recommended by the World Bank and IMF for post-communist countries transitioning to capitalism in the early 1990s?

Shock Therapy Democratic Socialism State Capitalism Import Substitution

Correct Answer:

Shock Therapy

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