Difference between revisions of "Perestroika"
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| + | '''Perestroika''', which means "restructuring", was a new policy introduced by [[Mikhail Gorbachev]] in the [[Soviet Union]] to allow the people to own small businesses. Gorbachev tried to transform the stagnant, inefficient command economy into a decentralized, market-oriented economy. Under "Perestroika", open elections were held, and industrial managers were granted greater autonomy. It also contributed to the complete collapse of the [[Soviet Union]]. See also [[glasnost]], its social and cultural counterpart. | ||
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| + | [[category:Soviet Union]] | ||
Revision as of 00:41, September 13, 2007
Perestroika, which means "restructuring", was a new policy introduced by Mikhail Gorbachev in the Soviet Union to allow the people to own small businesses. Gorbachev tried to transform the stagnant, inefficient command economy into a decentralized, market-oriented economy. Under "Perestroika", open elections were held, and industrial managers were granted greater autonomy. It also contributed to the complete collapse of the Soviet Union. See also glasnost, its social and cultural counterpart.