Answer:
Your answer is correct
It is allowing private ownership of businesses
Explanation:
Gorbachev loosened centralized control of many businesses, allowing people to choose for themselves which products to make. And In May 1988, Gorbachev introduced a new policy that allowed for the creation of limited co-operative businesses within the Soviet Union, which led to the rise of privately owned stores, restaurants and manufacturers.
Also, watch the Oversimplified video on the Cold War ;)
