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5210605
Economic Perestroika
Description
Russian history
No tags specified
history
a-level
russia
a-level
Mind Map by
emily baker
, updated more than 1 year ago
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Created by
emily baker
over 8 years ago
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Resource summary
Economic Perestroika
The encouragement of joint ventures - 1987
January
allowed foreign business to be established
1990 = first McDonald's in Moscow
hoped this would open USSR to more modern technology
The Law of State Enterprises - June 1987
allowed loosening of state control over wages and prices
allowed elements of election and choice in managers
factories given right to produce what they liked once state targets had been met
Co-operatives legalised in 1988
allowed small-scale enterprises to be established
set their own prices
Gorbachev able to partly disguise the move to a more market based economy
term co-operatives appealed to more conservatives elements in the party
January 1987 = launch of Perestroika = economic reconstructing
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