The New Economic Policy
- 1921 Lenin realized War Communism was not causing a recovery
- He brought in the NEP - Some private trade was permitted - Peasants could sell surplus - Small factories could be purchased by a co-operative for private ownership - Some parts of the industry began to recover under the NEP |
Stalin's idea for helping the economy because war communism didn't work. It is successful and industry starts to recover.
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"Despite the famine in the Volga area, which is taxing to the uttermost, perhaps overtaxing all the energies and resources of the Soviet government, the Senator is optimistic about the future of Russia. And by that he means the future of Russia under Soviet rule, for he believes that the present government, though it may and probably will be greatly modified in policy or personnel by coming changes, is founded on a basis so broad and strong that it cannot be overthrown."
What would the NEP have been like if used in America? |
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