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 elctions were held, and industrial managers were granted greter automony. It also contributed to the complete collapse of the [[Soviet Union]]. | |
Revision as of 20:16, January 19, 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 elctions were held, and industrial managers were granted greter automony. It also contributed to the complete collapse of the Soviet Union.