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How did the new economic policy compromise with capitalism in order to stregthen communism?
The New Economic Policy (NEP), introduced by Lenin in 1921, temporarily reintroduced limited capitalist practices to revitalize the Soviet economy after the devastation of the Civil War. It allowed small private enterprises and encouraged agricultural production by permitting farmers to sell their surplus on the open market. This compromise aimed to stabilize the economy, increase productivity, and garner public support for the communist regime, ultimately strengthening the foundation of socialism by fostering a more stable economic environment. By balancing state control with elements of capitalism, the NEP sought to create the conditions necessary for the eventual transition to a fully communist society.
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How does socialism provide a compromise between capitalism and communism?
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
Which economic system calls for a maximum of collective ownership?
Classical capitalism
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What is the state of economic Nigeria?
communism and capitalism is the Nigerian state
What are three main economic systems of the world?
Communism, capitalism, and socialism.capitalism
What does Anti -Communism mean?
Anti-communism simply means against communism. An example of an economic society that is anti-communist is capitalism.
What are examples of economic systems?
Some examples of of economic systems are goods and services,money,and choices.
Labels such as capitalism communism and socialism are examples of what?
These are examples of economic and political ideologies.
What two economic systems clashed during the cold war?
communism and capitalism
Which describes Vladimir lemons new economic policy?
A mix of capitalism and communism
Marx 4 stages of economic life?
The answer is Feudalism, Capitalism, Socialism, Communism. You're welcome.
How do communism and capitalism compare and contrast in terms of their economic systems and societal structures?
Communism and capitalism are economic systems with different approaches. In communism, the government owns and controls the means of production, aiming for equality among citizens. In contrast, capitalism allows for private ownership and competition, leading to wealth disparities. Societally, communism promotes collective ownership and a classless society, while capitalism emphasizes individualism and a hierarchical structure based on wealth.
