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The New Economic Policy (NEP) was intended to reverse some of the economic ravages caused by the previous policy of War Communism had inflicted on the country.
Reanna Von
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∙ 8y agoThe NEP granted power to local industry instead of the government.
Lenin's NEP outlined the benefits of a command economy.
The NEP was supposed to create a stronger Soviet Union. Under the NEP, citizens owned all property and production profits.
Wiki User
∙ 7y agoThe NEP granted power to local industry instead of the government.
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Who was the creator of the New Economic Policy?
Lenin created the NEP in response to the Kronstadt Rising that occurred in March 1921, as these Kronstadt sailors were amongst his greatest supporters, and showed him that he obviously needed to change his policy from War Communism to the New Economic Policy.
When was Vladimir lenin's new economic policy?
Taxes on peasants mixed with small-scale capitalism
Why is the new economic policy important?
Because Lenin and other leading Communists, however, only intended the NEP to be a temporary retreat from the goals of communism.
Why was lenins New Economic Policy designed?
The NEP was supposed to create a stronger Soviet UnionMore facts:It was designed to do this by rebuilding the economy. After the Bolshevik takeover and two years of civil war and Lenin's "war communism," the Soviet economy was producing less than it had in the last years of the Tsarist regime. The NEP temporarily introduced some elements of capitalism in certain areas of the economy such as peasant agriculture and small businesses. Under "war communism" peasant farmers were forced to practically hand over large portions of their crops for next to nothing. This resulted in farmers not being motivated to grow as much as they could. Farmers were hoarding crops, not growing as much and killing off their own livestock. The intent of the NEP was that, especially as to the farmers, there would be more production overall if there was more incentive to produce.This was an interesting tacit admission by Lenin and some, but not all, Communists that the capitalist system had its advantages after all.
What was the purpose of Lenin's New Economic Policy?
Lenin's New economic Policy was put in place to save the soviet union's economy. It introduced capitalism, replacing the previously socialistic economy.The nep was supposed to create a stronger soviet union.It was designed to do this by rebuilding the economy. After the Bolshevik takeover and two years of civil war and Lenin's "war communism," the Soviet economy was producing less than it had in the last years of the Tsarist regime. The NEP temporarily introduced some elements of capitalism in certain areas of the economy such as peasant agriculture and small businesses. The idea was that, especially the farmers, would be motivated to produce more crops.
What does NEP stand for?
New Economic Policy
What does NEP stand?
New Economic Policy
Who was the creator of the New Economic Policy?
Lenin created the NEP in response to the Kronstadt Rising that occurred in March 1921, as these Kronstadt sailors were amongst his greatest supporters, and showed him that he obviously needed to change his policy from War Communism to the New Economic Policy.
What was the NEP?
NEP is an acronym of New Economic Policy that was formulated by Vladamir Lenin. The policy represented a capitalism oriented economy that was important in the Russian Civil War which occurred between 1917 to 1922.
What is NEP?
NEP is New Economic Policy. This was Vladimir Lenin's plan to introduce some aspects of capitalism back into the socialist economy in order to improve the economy.
When was Vladimir lenin's new economic policy?
Taxes on peasants mixed with small-scale capitalism
Who initiated the NEP in the Soviet Union?
The chief architect of the NEP (New Economic Policy) was Nikolai Bukharin. A detailed description of the NEP and Bukharin's role in forging early Soviet policy can be found in Stephen Cohen's Bukharin and the Bolshevik Revolution. He was a brilliant thinker who, unfortunately, history has largely forgotten.
What economic policy did Stalin take from Lenin?
Stalin scrapped Lenin's New Economic Policy (NEP) in favor of his own Five Year Plans. Stalin and other hardline Marxist/Communists felt that Lenin's NEP was a retreat from the move from capitalism to socialism and were angered over it. The NEP was kept in place by Stalin and his co-rulers after Lenin's death until 1929 when Stalin had eliminated his opposition and became the sole power in the Soviet Union. That is when he replaced the NEP with his own program for economic recovery.
When did Lenin's NEP or New Economic Policy end?
After the conflict over his succession ended with Stalin taking over.
Lenin's new economic policy (NEP) was designed to?
No, the NEP was designed to be a temporary reintroduction of petty capitalism into the socialist economy. It was to last only until the economy had gotten back to where it was no longer in danger of collapse.
How did Stalin's five year plans differ from lenins new economic policy?
Stalin instituted the Five-Year Plans in order to quickly generate capital for, and ensure the Soviet Unionâ??s economic strength in case of, another World War. One of Stalinâ??s signature moves was to reinstate state control of the farming system which had been decentralized under Leninâ??s New Economic Policy. Stalin also wished to return the Soviet economy to the policy of Bolshevism, or a nationalized, communist economy which had been eroded under Lenin's NEP.
Why is new economic policy important?
Because Lenin and other leading Communists, however, only intended the NEP to be a temporary retreat from the goals of communism.
