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Earn +20 ptsQ: What economic principles did Vladimir Lenin believe in?
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The New Economic Policy is associated with which Russian leader?
Vladimir Lenin instituted it to help rebuild the Russian economy.
What leader inspired the Bolsheviks to hold a Revolution in Russia to create socialism as the nation's economic system?
Vladimir Lenin
What did Lenin call his economic program?
The New Economic Policy
When was Vladimir lenin's new economic policy?
Taxes on peasants mixed with small-scale capitalism
Why did Vladimir Lenin cancel all of Russia's debts?
When Lenin took control of the Russian government he canceled all of Russia's debts with two purposes in mind. One was to basically save the cost of repaying foreign loans. The second purpose was to declare, according to Lenin, Russia's independence from imperialist oppression. Additionally, it was a statement that Russia would control its own economic future.
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