INTER WAR YEARS 1919 TO 1939
COLLAPSE OF THE SOVIET UNION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Stain’s Five Year Plans
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Mao’s Great Leap Forward
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Vladimir Lenin’s New Economic Policy
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None of the above
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Detailed explanation-1: -Gorbachev and his team of economic advisors then introduced more fundamental reforms, which became known as perestroika (restructuring).
Detailed explanation-2: -Glasnost was taken to mean increased openness and transparency in government institutions and activities in the Soviet Union (USSR). Glasnost reflected a commitment of the Gorbachev administration to allowing Soviet citizens to discuss publicly the problems of their system and potential solutions.
Detailed explanation-3: -It permitted small businesses to make personal profits, while the state continued to control banks, foreign trade and large industries. Elements of capitalism such as individual profit and private ownership of land were permitted in order to revitalise the Russian economy.