What led to the decline of the soviet economy during president reagan’s administration?

Gorbachev’s reforms led to a decline of the Eastern Bloc and a loss of economic partners for the Soviet Union.

the end of the gilded age coincided with the panic of 1893, a deep depression, which lasted until 1897 and marked a major political realignment in the election of 1896. this productive but divisive era was followed by the progressive era.

president thomas jefferson hoped that the embargo act of 1807 would the united states by demonstrating to britain and france their dependence on american goods, convincing them to respect american neutrality and stop impressing american seamen. instead, the act had a devastating effect on american trade.