During the 1980s, a major element of the economic policy of perestroika in the Soviet Union was the push towards decentralization and market-oriented reforms. Initiated by Mikhail Gorbachev, this policy aimed to reduce the strict control of the central government over the economy, allowing for greater autonomy in enterprises and encouraging private ownership. The goal was to increase efficiency and productivity, but it ultimately faced significant resistance and led to economic turmoil.
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