Why Did Mikhail Gorbachev Resign as President of the Soviet Union?

On Christmas Day in 1991, Mikhail Gorbachev resigned as the president of the Soviet Union. Now, more than 30 years later, many are wondering what led Gorbachev to step down, and what legacy he has left behind. Gorbachev was president of the Soviet Union for six years, and in that time, he attempted to reform the nation and its economic system, which ultimately contributed to the end of the USSR.

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