How did gorbachev help to restructure the soviet economy through perestrokia?
Mikhail Gorbachev introduced the policy of perestroika in the mid-1980s to restructure the Soviet economy, aiming to transition from a centrally planned system to a more market-oriented approach. This involved decentralizing economic control, allowing greater autonomy for state enterprises, and encouraging private ownership and foreign investment. Gorbachev sought to increase efficiency and productivity while addressing the stagnation that plagued the economy. However, the reforms faced significant challenges and ultimately contributed to the dissolution of the Soviet Union.