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Joseph Stalin ended Lenin's New Economic Policy in 1929 because he instituted his own economic plan called the Five Year Plan. The three Five Year Plans were designed to increase Russia's industrial capacity turning the country from an agrarian economy to an industrial one. Stalin felt this was necessary in order to enable the Soviet Union to compete with the West economically. In addition, Stalin and other high ranking members of the Communist Party never agreed with Lenin's reintroduction of capitalism in certain areas of the economy. The Five Year Plans eliminated this retreat from communism to capitalism while at the same time strengthening Soviet industry.
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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.
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.
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
How long did the New Economic Policy prevail in Russia?
7 years
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.
Who developed the soviet New Economic Policy?
Vladimir Lenin started the New Economic Policy in an attempt to improve the Soviet economy.
What resulted from Lenins new economic policy?
Russia's devastated economy began to recover.Russia was forced to begin importing food products.Russia was forced to begin importing food products.
What was the overall impact of the New Economic Policy(NEP)?
It helped Russia's weak economy to recover
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
What did Lenin abandon to try to ease the suffering of drought and famine in Russia?
Lenin abandoned the policy called "war communism" in order to ease the drought and famine in Russia. H abandoned this in favor of what he called the "New Economic Policy."
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
