With Regard to Transition Economies What Is Meant by Shock

question 5

Essay

With regard to transition economies what is meant by shock therapy?

---

Definitions:

Financial Health

Financial health is a term used to describe the state of one's personal or an organization's financial situation, including aspects of financial stability, ability to meet obligations, and the capacity to absorb shocks.

Dividend Yield

The financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Secondary Markets

Stock exchanges and over-the-counter markets where investors can trade their securities with others.