What are the economic reforms of perestroika and glasnost?

Explanation:

 Perestroika:                          The meaning of perestroika is reconstruction.

It is referring to the re-building of the Soviet and the economic system, that was in attempt to end the Era of Stagnation. It introduced a lot of retail like reforms.

Glasnost:                   Glasnost was taken to increased open-mindedness and clarity in the government institutions. It also formed activities in the Soviet Union.

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