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Feudalism: a lord owns the land and allows peasants to live there as long as they work for him.

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What was an interesting feature of the New Economic Policy of Lenin?

It allowed for some private enterprise


Who owned farmland during the NEP?

During the New Economic Policy (NEP) in Soviet Russia, which was implemented from 1921 to 1928, farmland was primarily owned by private individuals and small-scale farmers, known as kulaks. The NEP allowed for a degree of private ownership and market-oriented reforms after the strict policies of War Communism. While the state retained control over major industries, agriculture was largely decentralized, and peasants could sell their surplus produce in local markets. This period marked a temporary retreat from complete state control, allowing for economic recovery.


What is the economic system based on private ownership investment and profit?

Capitalism is the economic system based on private ownership and profit.


Economic system in which private businesses run most industries?

Capitalism is an economic system in which individuals and private businesses run most industries


What form of economic system did Lenin bring to Russia?

Lenin introduced a command economy in Russia, characterized by state control over production and distribution of goods. This system, part of his implementation of Marxist principles, involved nationalizing major industries and redistributing land from the aristocracy to peasants. The New Economic Policy (NEP) later allowed for some degree of private enterprise and market mechanisms to revive the economy after the disruptions of World War I and the Civil War. Ultimately, Lenin's approach laid the groundwork for the Soviet planned economy.

Related Questions

How was food allocated during collectivization?

Peasants were allowed to keep a small private plot of land for their own food production.


What was an interesting feature of the New Economic Policy of Lenin?

It allowed for some private enterprise


The peasants were allowed to cultivate the land for their own use as long as they worked on private land of the lord?

Yes, they were given a small strip to use. They had to give the landlord 3 full days of labor on his crops and land as well as feed and take care of any animals/herds that were on the estate. He was tenate farmer and earned his keep through his labor.


Who did Lenin give his private ownership to?

Peasants :))


List the economic reform Lenin established to gain support?

Lenin went far to allay economic discontent by advocating such policies as affirming the rights of the peasants to own land, by reducing taxes, and by permitting a certain amount of private enterprise in his New Economic Policy


Did Lenin give private ownership of land to the peasants?

No he did not give private ownership of land to the peasants, despite his revolutionary slogan "Peace! Bread! Land!" Land owned by individuals was confiscated from them in the name of the state and not redistributed to the peasants as they were led to believe would happen.


When are you allowed to hunt on private land?

You are allowed to hunt on private land with the landowner's permission.


Which economic system would have the least private ownership?

Planned economic systems would have the least private ownership.


What changes did Gorbachev do?

he introduced Perestroika "economic restructuring"; local managers gained authority over their farms and factories. People where allowed to open small private businessess


What is the economic system based on private ownership investment and profit?

Capitalism is the economic system based on private ownership and profit.


In what system is private property found?

Private property is found in the capitalist system. More properly known as 'private ownership", history has shown that allowing individuals to own and manage their farms, factories, and businesses and keep the profits has been the world's most efficient economic system. Modern-day China's economic miracle occurred in the 1980's after Deng Sha Peng allowed private ownership, and it is worth noting the USSR's massive nationalized agricultural system was always out-performed by the smaller farm plots allowed the peasant farmers.


Are unions private companies?

No, unions are not private companies, but they are a type of economic organisation.