Perestroika in the former Soviet Union refers to ?
Correct answer: B. economic restructuring by Gorbachev
- A. total market reliance for resource allocation
- B. economic restructuring by Gorbachev
- C. intensified central planning
- D. None of the above
Explanation
Perestroika means “restructuring” and was Mikhail Gorbachev’s programme for reforming the Soviet economic and political system. It aimed to modify central planning rather than intensify it.
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