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Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Q. Assertion: The Shock Therapy brought success which was not anticipated at all.
Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.
  • a)
    Both (A) and (R) are true, but (R) is the correct explanation of (A).
  • b)
    Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  • c)
    (A) is true, but (R) is false.
  • d)
    (A) is false, but (R) is true.
Correct answer is option 'D'. Can you explain this answer?
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Directions: In the following questions, a statement of Assertion (A) ...
Shock Therapy affected trade and commerce of Russia. The value of Ruble, the Russian currency, declined and inflation rose at a very high rate and it lost all savings of people.
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Directions: In the following questions, a statement of Assertion (A) ...
Assertion and Reasoning in Shock Therapy

Explanation:

Assertion: The Shock Therapy brought success which was not anticipated at all.

Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.

The correct option is D, which means that the Assertion is false, but the Reasoning is true.

Explanation:

The Shock Therapy was an economic policy introduced in the 1990s to transition the Eastern European countries from a socialist economy to a capitalist economy. The policy involved implementing rapid and drastic changes in the economy, including privatization, liberalization, and deregulation.

The Assertion that Shock Therapy brought success is false because the policy had several negative consequences in the short term. The policy led to high inflation, unemployment, and poverty. The countries that implemented the policy experienced a sharp decline in their GDP, and the economy took several years to recover.

The Reasoning that each of these countries was required to make a total shift to a capitalist economy is true. The shift to a capitalist economy meant that the countries had to completely root out any structures that evolved during the Soviet period. This involved privatizing state-owned enterprises, liberalizing trade and investment, and deregulating markets.

In conclusion, while the Assertion is false, the Reasoning is true. The Shock Therapy had several negative consequences in the short term, although it eventually led to long-term economic growth in some countries. The shift to a capitalist economy involved completely rooting out any structures that evolved during the Soviet period.
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Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Q. Assertion: The Shock Therapy brought success which was not anticipated at all.Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer?
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Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Q. Assertion: The Shock Therapy brought success which was not anticipated at all.Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Q. Assertion: The Shock Therapy brought success which was not anticipated at all.Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Q. Assertion: The Shock Therapy brought success which was not anticipated at all.Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Q. Assertion: The Shock Therapy brought success which was not anticipated at all.Reason: Each of these countries was required to make a total shift to a capitalist economy, which meant rooting out completely any structures evolved during the Soviet period.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
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