Perestroika
Definition
Perestroika was another policy implemented by Gorbachev in the 1980s aimed at restructuring the Soviet Union's economy by introducing elements such as market practices and private ownership.
Analogy
Imagine Perestroika as renovating an old house (the Soviet economy). You're not tearing it down completely but making significant changes like knocking down walls (removing strict government controls) and adding new rooms (introducing private businesses).
Related terms
Communism: A political theory derived from Karl Marx advocating class war leading to a society in which all property is publicly owned and each person works according to their abilities and needs.
Capitalism: An economic system based on private ownership of capital; businesses are owned by private individuals or companies who aim for profit.
Privatization: The transfer from public (state) control or ownership to private enterprise.
"Perestroika" appears in:
Subjects (2)
Study guides (1)
Practice Questions (11)
Who was responsible for implementing perestroika and glasnost reforms in USSR?
Who initiated perestroika reforms in Soviet Union to overcome economic stagnation?
Which Soviet leader initiated policies of "glasnost" and "perestroika"?
How might East and West Germany's reunification have unfolded differently if Soviet President Mikhail Gorbachev hadn't introduced his policies of Glasnost and Perestroika?
Which leader is best known for implementing perestroika and glasnost in the Soviet Union during the 1980s?
Who played a significant role in ending the Cold War by implementing policies of Glasnost and Perestroika?
How might the late 20th century have unfolded if Gorbachev had decided against Glasnost and Perestroika?
Who was responsible for implementing perestroika (restructuring) in the Soviet Union during the late twentieth century?
What was a direct result of Glasnost and Perestroika reforms in USSR?
Who was responsible for implementing economic reforms known as perestroika in USSR?
Who was responsible for introducing economic reform policies named 'Perestroika' in Soviet Union?
Resources
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.