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 this question… To reduce the negative effects of economic collectivization
Lenin's plan was called the "New Economic Policy."
A mix of capitalism and communism
Vladimir Sobell has written: 'The new Russia' -- subject(s): Economic policy, Politics and government 'The red market' -- subject(s): Council for Mutual Economic Assistance
Vladimir Aleksandrovich Sukhin has written: 'Stimuly k trudu' -- subject(s): Economic policy, Incentives in industry
Vladimir Lenin instituted it to help rebuild the Russian economy.
Answer this question… To introduce elements of private enterprise to the Soviet economy
Vladimir Lenin started the New Economic Policy in an attempt to improve the Soviet economy.
allowed elements of capitalism within a communist economic system
Taxes on peasants mixed with small-scale capitalism
The economic policy of laissez-faire is minimum intervention by governmental bodies into commercial and business affairs.Laissez-faire could be described as everything will work it self out if you leave it alone.
NEP is New Economic Policy. This was Vladimir Lenin's plan to introduce some aspects of capitalism back into the socialist economy in order to improve the economy.