World History – 1400 to Present
Perestroika, meaning 'restructuring' in Russian, was a political and economic reform movement initiated by Mikhail Gorbachev in the mid-1980s aimed at revitalizing the Soviet Union's stagnant economy and political system. It sought to introduce elements of market economics and reduce state control, which ultimately contributed to the decline of the Communist Party's power and the eventual dissolution of the Soviet Union.
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