Did Lenin call his new economic program the New Economic Policy?

Answer 1

Basically government control and management of all industry and much of agriculture as well- Collective farms, ( there were two different types, Kolkhoz ( Collective Farms) and SovKhoz- Soviet or state farms owned directly by the Ministry of Agriculture- no US equivalent. the central govt dictated economic policy- to the Steel industry- produce X number million tons for Basic Industry!- without regard to what in this country would be market economy, private business competition, etc. Big Brother was at the controls!

Answer 2

Lenin's New Economic Policy was a temporary retreat from full socialism to partial capitalism for the purpose of rebuilding Russia's economy. The NEP permitted small businesses to make personal profits and permitted almost all of the peasant farmers to keep and sell their produce as they wished. Elements of capitalism such as individual profit and private ownership of land were permitted in order to revitalize the Russian economy.

After the Bolshevik revolution and the Russian civil War, the nationalized industry faltered, producing less than it had even under Tsarist rule. In addition, the agrarian side of the economy, the peasant farmers, were angry at being forced to turn over large portions of their crops to the state whether they wanted to or not. They began hoarding some of it. There was real dissatisfaction with the oppressive Bolshevik demands among the peasant population. There was also real dissatisfaction among people in the urban areas because of shortages of goods due to the failing industrial side of the economy. These were the same problems that fomented the 1917 revolution in the first place and Lenin sought to forestall that by introducing his NEP. As he said, it was taking two steps forward and one back.

Answer 3

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.

Answer 4

Lenin implemented many things including a combination between Marxism and Leninism. Yes, he called his new economic program the New Economic Policy.

Answer 5

Lenin is the person who formulated and imposed the New Economic Policy on Russia.

Answer 6

No, Stalin ended the NEP in favor of what he called the Five Year Plans.