Describe any four consequences of Shock Therapy.
The consequences are:
(i) Collective farms were replaced by private farming and capitalism in agriculture.
(ii) Privatisation of state assets and corporate ownership patterns were immediately brought in.
(iii) Development began to be envisaged through more trade and sudden and complete switch to free trade was considered essential.
(iv) It also involved a breakup of the existing trade alliance among the countries among the countries of the Soviet bloc.
Study the cartoon given below carefully and answer the questions that follow:
(a) The mighty soldier with weapons represents which country?
(b) Why do names of various countries appear on his uniform?
(c) What important message does the cartoon convey to the World?
Note: The following questions are for Blind candidates only, in lieu of e. No. 22:
(i) Define hegemony.
(ii) Differentiate between the hegemony of hard power and the hegemony of soft power
As decided by the member States in 2005, highlight any four steps to make the United Nations more relevant in the changing context.