1.7 - Shock Therapy
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What does shock therapy entail?
💡 Hint: Think about what happens to government-owned companies.
Give an example of a country that experienced shock therapy.
💡 Hint: Look for countries that were part of the former Soviet Union.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary goal of shock therapy?
💡 Hint: Think about the speed at which changes happen.
True or False: Shock therapy solely benefited the average citizen.
💡 Hint: Consider the wider social impacts of economic changes.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
Evaluate the long-term impacts of shock therapy on societal structures in Russia and Poland. Consider both economic and social dimensions.
💡 Hint: Analyze both personal and national experiences post-reforms.
Discuss the effectiveness of shock therapy compared to gradual reform approaches in transitioning economies.
💡 Hint: Reflect on examples of transition in various countries before and after the implementation of shock therapy.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.