
FAQ About Mikhail Gorbachev

How did Gorbachev's policies affect the Soviet Union's economy?
Gorbachev's policies, particularly perestroika, aimed to revitalize the Soviet Union's stagnant economy by introducing elements of market economics and reducing central control. However, the transition was challenging, leading to economic instability, shortages, and a decline in standard of living for many citizens. While the intention was to revive the economy, the societal upheaval contributed to the USSR's eventual dissolution.