answersLogoWhite

0

In the Soviet Union under Mikhail Gorbachev, the trend toward private ownership of business represented a move away from the strict state-controlled economy that characterized the earlier years of communist rule. Gorbachev's policies of perestroika aimed to introduce elements of market economics and decentralize economic control, allowing for greater individual entrepreneurship. This shift marked a significant departure from the ideology of collective ownership and central planning that had dominated the Soviet system. Ultimately, these reforms contributed to the unraveling of the Soviet economic structure and the eventual collapse of the Soviet Union.

User Avatar

AnswerBot

1mo ago

What else can I help you with?