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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.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoLenin based his new economic policy around a tax called a prodnalog, a tax on food. The tax was less harsh than the requisitioning that had been done earlier. Any food not needed to pay the tax or feed the family could be sold. This gave the farmers a greater incentive to produce more crops.
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What was the intent of lenins new economic policy (NEP)?
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.
What did Lenin call his economic program?
The New Economic Policy
Does the policy of New Economic Policy help in the improvement of trade and commerce of India-?
The policy of New Economic policy does help in the improvement of trade and commerce of India but the tariffs seem to be slowing the influx of new products.
WHAT DO YOU MEAN BY NEW ECONOMIC POLICY?
The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.
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 name given to lenins economic policy to restore order to russia?
Lenin's plan was called the "New Economic Policy."
What was the primary motivation for Vladimir lenins new economic policy in 1922?
Answer this question… To reduce the negative effects of economic collectivization
What is new economic policy 1991 and what are the causes which forced India to adopt new economic policy 1991?
what are the causes for the evolment of new economic policy of india 1991
Who was the leader who oversaw the New Economic Policy in the Soviet Union?
Lenin instituted the New Economic Policy.
What was the intent of lenins new economic policy (NEP)?
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.
What did Lenin call his economic program?
The New Economic Policy
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.
Does the policy of New Economic Policy help in the improvement of trade and commerce of India-?
The policy of New Economic policy does help in the improvement of trade and commerce of India but the tariffs seem to be slowing the influx of new products.
What did the new economic policy of 1921 do?
you are mental
What does NEP stand for?
New Economic Policy
What does NEP stand?
New Economic Policy
WHAT DO YOU MEAN BY NEW ECONOMIC POLICY?
The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.
