Theme 2: Glasnost, Peristrokia & Gradual economic reform under Gorbachev Flashcards
1
Q
Increase in foreign debt under Gorbachev
A
- $30 Billion in 1986
- $54 Billion in 1989
2
Q
What does Glasnost mean
A
- Openness
3
Q
What does Peristroika mean
A
- Reform
4
Q
When did Gorbachev pass the “Law on Individual Labour Activity”
A
1986
5
Q
What did the Law on Individual Labour Activity allow? What impact did this have
A
- Allowed Russians to engage in business activity
- By 1989 only 300k business community which is around 1%
6
Q
When was the Law on State enterprise passed?
A
- 1987
7
Q
What did the Law on State enterpise state?
A
- Enterprisies should produce based on demand
- State Enterprises have to be self funded
8
Q
Impact of the Law on state enterprise
A
- Increased Unemployment
9
Q
When did Gorbachev pass his law on Co-operatives
A
- May 1988
10
Q
What did the “Law on Co-operatives allow”
A
- Citizens could now own a business
11
Q
What was Gorbachev’s agriculural policies
A
- Implemented a few thousand family farms
12
Q
Describe a family farm
A
- Leased Land not owned
- Could only employ family members
- Relied on co-operation with nearby collectives
- Was not popular - only a few thousand
13
Q
Agriculural growth under Gorbachev
A
- Only grew at an average of 2.7%
- Compared to industy 4.6%
14
Q
When did Gorbachev pass his “Dry Law”
A
- May 1985
15
Q
Describe the Dry Law
A
- Raised legal age to 21
- Reduced Vodka production by 10%
- Tripled Price
