Which of the following statements about the privatization and marketization of countries transitioning from communism is accurate?
A) Those advocating shock therapy wanted to minimize the short-term social disruptions of marketization.
B) Inflation and hyperinflation were fears of those that advocated a gradual approach to marketization.
C) Many companies were uncompetitive in the international system, but large industrial firms seemed to be best at surviving privatization.
D) Postcommunist countries almost universally sought to privatize by distributing firms' shares to the public as a whole.
E) Most postcommunist countries agreed that privatization should occur and be allowed to complete its course before marketization was attempted.
Correct Answer:
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