What were the negative and positive consequences of shock therapy class 12?
Consequences of the Shock Therapy This came to be known as “the largest garage sale in history”. The value of the Russian currency, ruble declined considerably. People lost all their savings because of high rate of inflation. The collective farms disintegrated leaving people without any food security.31
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What were the negative and positive consequences of shock therapy class 12?
Consequences of the Shock Therapy This came to be known as “the largest garage sale in history”. The value of the Russian currency, ruble declined considerably. People lost all their savings because of high rate of inflation. The collective farms disintegrated leaving people without any food security.31
What is a multipolar world?
Multipolarity. Multipolarity is a distribution of power in which more than two nation-states have nearly equal amounts of military, cultural, and economic influence.
What is the meaning of unipolar?
1 : having or oriented in respect to a single pole: such as. a : having or involving the use of a single magnetic or electrical pole. b : based on or controlled by a single factor or view China mistrusts a unipolar, U.S.-dominated world.—
In which year was the bipolar structure of world politics ended?
If there are only three poles in international system, we called it ‘tripolarity’ structure. After World War II ended in 1945, the power configuration in international relations was dominated by the only two great powers, i.e. the United States and Soviet Union.
What countries were part of USSR?
In the decades after it was established, the Russian-dominated Soviet Union grew into one of the world’s most powerful and influential states and eventually encompassed 15 republics–Russia, Ukraine, Georgia, Belorussia, Uzbekistan, Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Turkmenistan, Tajikistan, Latvia.
What was the shock therapy in Russia?
Shock therapy is an economic program intended to transition a planned economy or developmentalist economy to a free market economy through sudden and dramatic neoliberal reform.
What is meant by unipolarity and bipolarity Class 12?
Unipolarity means that there is sole superpower that is dominant in the international system. Bipolarity means that there are two superpowers as was the case during the Cold War. The two superpowers were USSR and USA before the collapse of the Soviet Union in 1991.
What is Bipolarism explain its impact on the war in Korea?
When the war ended, the country was devastated, but the division remained. North and South Korea continued a military standoff with periodic clashes. The cold civil war survived the collapse of the Eastern Bloc of 1989 to 1991. bipolarism. musashixjubeio0 and 2 more users found this answer helpful.20
