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Lenin went far to allay economic discontent by advocating such policies as affirming the rights of the peasants to own land, by reducing taxes, and by permitting a certain amount of private enterprise in his New Economic Policy

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Which Russian leader called for economic restructuring?

Both Vladimir Lenin and Joseph Stalin called for economic restructuring but in different ways. Lenin's plan was called the New Economic Policy, which reintroduced limited forms of capitalism in the now socialist Russian economy. Joseph Stalin scrapped the NEP and instituted a series of Five Year Plans designed to increase the industrial and agricultural capacity of the country.


What was the red army of China?

Established by Vladimir Lenin and Leon Trotsky Had the support of the peasants Supported the Bolshevik Revolution


What did Lenin call his economic program?

The New Economic Policy


What was the name of Lenin's plan to rebuild the Russian economy?

Lenin's plan was called the New Economic Policy. It reintroduced some aspects of capitalism into the socialist system Lenin had imposed on the country.


What programs did Lenin establish once he came into power?

He established the NEP aka New Economic Policy to encourage production- workers where allowed to keep or sell what they grew.


What was the modified capitalist system Lenin used to avoid economic disaster?

Lenin called it the "New Economic Policy." It was more of a modification of the socialist system, which Lenin had imposed on the country than a modification of the former capitalist system.


The economic policy of the new nations was the theory of?

Lenin


What is the economic contribution made by vladimir Lenin?

Vladimir Lenin significantly influenced the economic landscape of Russia and beyond through his implementation of Marxist principles. After the Bolshevik Revolution in 1917, he introduced the New Economic Policy (NEP) in 1921, which temporarily re-established limited market mechanisms and private enterprise to revitalize the economy after the devastation of World War I and civil war. Lenin's policies laid the groundwork for the Soviet planned economy, impacting global socialist movements and economic theories. His legacy continues to spark debates on state control versus market freedom in economic systems.


Which is least like the system established by Vladimir Lenin?

Capitalism


Modified capitalist system Lenin used to avoid economic disaster?

New economic policy.


What economic principles did Vladimir Lenin believe in?

state capitalism


Who was the communist leader who created the New Economic Policy?

Lenin