Soviet leader gorbachev’s plan for economic restructuring was called

Perestroika

Soviet leader Gorbachev’s plan for economic restructuring was called Perestroika.

Explanation:

Perestroika refers to reconstructing the political and economic system established by the Communist Party. President Mikhail Gorbachev was the overseer and its purpose was to create a semi-free market system, which will reflect successful capitalist practices in the economies of Germany, Japan, and the United States. The economy thrived and people were stuck in a worn-out economy leading to strikes, and civil unrest.

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