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Basically the NEP was put in place in 1921 by Lenin because the USSR was doing terribly economically due to the First World War, the civil wars, and other things. The country was in famine and he needed to change the economical system. So he gave back some freedom to the peasants, who were finally allowed to keep some of the produce they produced to sell on and gain profit; otherwise, the rest still went to the government.

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What does NEP stand for?

New Economic Policy


What does NEP stand?

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 was the NEP?

NEP is an acronym of New Economic Policy that was formulated by Vladamir Lenin. The policy represented a capitalism oriented economy that was important in the Russian Civil War which occurred between 1917 to 1922.


Who initiated the NEP in the Soviet Union?

The chief architect of the NEP (New Economic Policy) was Nikolai Bukharin. A detailed description of the NEP and Bukharin's role in forging early Soviet policy can be found in Stephen Cohen's Bukharin and the Bolshevik Revolution. He was a brilliant thinker who, unfortunately, history has largely forgotten.


What is NEP?

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.


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.


When was Vladimir lenin's new economic policy?

Taxes on peasants mixed with small-scale capitalism


Lenin's new economic policy (NEP) was designed to?

No, the NEP was designed to be a temporary reintroduction of petty capitalism into the socialist economy. It was to last only until the economy had gotten back to where it was no longer in danger of collapse.


What economic policy did Stalin take from Lenin?

Stalin scrapped Lenin's New Economic Policy (NEP) in favor of his own Five Year Plans. Stalin and other hardline Marxist/Communists felt that Lenin's NEP was a retreat from the move from capitalism to socialism and were angered over it. The NEP was kept in place by Stalin and his co-rulers after Lenin's death until 1929 when Stalin had eliminated his opposition and became the sole power in the Soviet Union. That is when he replaced the NEP with his own program for economic recovery.


What was the NEP replaced with?

The New Economic Policy (NEP) was replaced by the policy of "Socialism" under Joseph Stalin in the late 1920s. This shift marked a move towards a command economy characterized by state control over industry and agriculture, culminating in the implementation of the First Five-Year Plan in 1928. The NEP, which allowed for some private enterprise and market mechanisms, was abandoned in favor of collectivization and rapid industrialization.


When did Lenin's NEP or New Economic Policy end?

After the conflict over his succession ended with Stalin taking over.