Class 12 Political Science Important Questions and Answers | Contemporary World Politics in English
Class 12 Political Science – Important Questions and Answers Contemporary World Politics – Board Exam Preparation Q1. Highlight any four features of the Soviet system in the former Soviet Union. Answer: 1. One-party rule: The Communist Party controlled all political power. 2. Centralized planning: The economy worked through Five-Year Plans. 3. State ownership: Industries, agriculture, and trade were owned by the state. 4. Social welfare system: Free education, healthcare, and employment were guaranteed. Q2. What is meant by Shock Therapy? Explain any four consequences. Answer: Meaning: Shock Therapy refers to the sudden shift from a socialist economy to a capitalist economy after the USSR disintegration. Consequences: 1. Rise in prices: Goods became expensive due to free-market pricing. 2. Unemployment: Many state industries closed down. 3. Increase in poverty: Inequality grew sharply. 4. Economic instability: Production declined and currency became weak. Q3. The European Union is...