“ The old system of social welfare was systematically destroyed”. With reference to Shock Therapy, justify the statement.
“ The old system of social welfare was systematically destroyed”. With reference to Shock Therapy, justify the statement.
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1. The Government withdrew subsidies and pushed people into poverty.
2. The middle classes were pushed to the periphery of society and the academic and intellectual manpower migrated.
3. A mafia had been emerged and started controlling many economic activities.
4. Privatization led to new disparities.
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