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Soviet leader Mikhail Gorbachev introduced the concept of 'Perestroika' to reform the failing USSR economy. It is important to note, however, that the goal of perestroika was not to introduce free enterprise, but instead to allow the Soviet ministries limited independent actions along with some minor market-like reforms. The goal of the perestroika was to enable the socialist system to work more efficiently in order to meet the needs of Soviet consumers.


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9y ago
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15y ago

It was called "Perestroika" which simply means "Restructuring" in Russian.

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Q: Aspects of Gorbachev's plan to restructure the economy?
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