What does the term 'Perestroika' signify in the context of the former Soviet Union?

Show Answers

Complete dependence on market forces for distributing resourcesEconomic reforms introduced by Mikhail GorbachevIncreased emphasis on centralized economic planningNone of these

Explanation

'Perestroika' refers to the series of economic reforms and restructuring efforts initiated by Mikhail Gorbachev aimed at revitalizing the Soviet economy. It was not about fully adopting market mechanisms or intensifying central planning.