1. Gorbachev's Reforms
... introduced under perestroika were leasing land to farmers (all land was owned by the state), allowing loss making factories to go bankrupt and limited numbers of private enterprises to open. This sounded promising but evidently would only put thousands out of jobs and force bankruptcy to many factories with ... the consumer market. There was the chronic overspending on the military; over 18 percent of the GNP by 1980 was used. These astronomical numbers were partially due to the Cold War's arms escalations, but also to quell any potential opposition. The billions and billions of dollars...
- Word Count: 1728
- Approx Pages: 7
- Grade Level: Undergraduate