Between 1928 and 1 July 1990, the state owned all of the means of production in the Soviet Union. [ Bill Keller, "Soviets Approve the Right to Own Small Businesses", The New York Times, 7 March 1990.] Under a new property law approved by the Soviet Parliament on 6 March 1990, effective 1 July, private citizens will have the right to own small-scale factories and other businesses. Private property will be protected against confiscation by the state. [ Ibid.]

ATTACHMENTS:

Bill Keller, "Soviets Approve the Right to Own Small Businesses", The New York Times, 7 March 1990.