Mikhail Gorbachev's policy of perestroika referred to

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Perestroika was a policy of economic restructuring introduced by Mikhail Gorbachev in the 1980s. The aim was to address the country's economic problems by decentralizing the economy, increasing the role of the market and private enterprise, and ending price controls. This policy reflected a move away from the centrally planned economy that had been in place in the Soviet Union since the Bolshevik Revolution.

Mikhail Gorbachev's Policy of Perestroika Referred to