What was Gorbachev’s contribution in the beginning process of
change in the Socialist Bloc?
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What was Gorbachev’s contribution in the beginning process ofchange in the Socialist Bloc?
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Answer Gorbachevs most important foreigneconomic reforms allowed foreigners to invest in the Soviet Union in the form of joint ventures with Soviet ministries stateowned enterprises and cooperatives Gorbachev loosened centralized control of many industries enabling some farmers and manufacturers to determine for themselves which goods to make how many to produce and what to charge for them This allowed them to reach for profits but it also contravened the tight price controls that had become the foundation stone of Soviet economic policies It was a move that placed many highranking officials who had led those influential central committees before Gorbachev also trimmed down international trade controls streamlining procedures to allow producers and local government agencies to circumvent the central governments previously stifling bureaucratic structure He
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