Why Do Critics Refer to Structural Adjustment as "Shock Therapy

question 28

Multiple Choice

Why do critics refer to structural adjustment as "shock therapy?

• A) Because of the sudden bottom-up nature of coups
• B) Because the IMF severely reduces social supports to supposedly develop a free market in poor countries
• C) Because of the role that electricity plays in developing poor nations
• D) All of the above

---

Definitions:

Elected Democracy

A form of democracy in which representatives are chosen through the electoral process by the populace to act on their behalf in governing and making policy decisions.

Postmaterialism

Is a theory that claims that growing equality and prosperity in the rich industrialized countries have resulted in a shift from class-based to value-based politics.

Economic Issues

Problems or challenges related to the production, distribution, and consumption of goods and services in a society.

American Politics

The set of activities associated with the governance of the United States, including the dynamics between political parties, electoral processes, and policy-making.