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Mention one reason why did Gorbachev allow small scale private enterprise. - History

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Question

Mention one reason why did Gorbachev allow small scale private enterprise.

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Solution

One reason why Gorbachev allowed small-scale private enterprise was to revive the stagnant Soviet economy. He made some changes to the market during Perestroika in order to boost innovation, productivity, and efficiency. He did this in the hopes that private businesses would help meet customer needs and raise living standards.

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Chapter 9: Cold War 1945-1991 : Origin, Course, End and Impact - EXERCISE 9.3 [Page 172]

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Dr. Sachhidananda Banerjee History [English] Class 12 ISC
Chapter 9 Cold War 1945-1991 : Origin, Course, End and Impact
EXERCISE 9.3 | Q 5. | Page 172
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