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What was the general opinion among Lenin's colleagues concerning the NEP?

The NEP was an acronym for the New Economic Policy that Lenin designed to end the economic problems the peasantry were having with socialism. The policy was an attempt to provide better incentives for more farming production. Its primary features were the abolition of Russia's requisitions system in favor of a fixed tax and the return to legal market transactions. This gave the peasantry an incentive to resume full production. This also required the government to do what was necessary to stabilize the ruble. With these two measures in place, it gave the peasantry a better opportunity to buy finished products with their funds.The NEP was more than that however. Lenin enacted certain other measures. Among these were allowing a certain amount of private enterprise in trade and in some industries was revived. Additionally, foreign capital was invited to make investments in the Soviet Union on a concession basis. This last measure might be considered risky for foreign investments in that Lenin had canceled all payments on loans to western nations and companies upon taking power. To gather support for the NEP, he decided to speak about the NEP at the Eleventh Party Congress in 1922. He made the point that the Soviet regime was living on political credit given to it by the peasantry and warned that the credit was not inexhaustible. Lenin was personally taking blame for this in that he and the Bolsheviks had not correctly perceived that their socialist policies might not be acceptable to the masses of peasants. He felt uncomfortable about taking what was called a strategic retreat. Initially, there were no important Bolshevik leaders who openly objected to these measures. Beneath the surface, however, unpublished Columbia University documents indicate that very few leading Bolsheviks, nor the Party rank and file, agreed with the NEP measures. In addition, Lenin believed that the NEP was not going to be a short lived policy. He, according to N.N. Volskski, envisioned the NEP to remain as policy for a long period of time. Lenin's untimely death terminated his own opinion on the length of time the NEP would be necessary.


What does NEP stand for?

New Economic Policy


Who is nep?

maginoo pero mejo bastos


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.


What Soviet policy allowed for the private ownership of manufacturing service-oriented and foreign trade businesses?

The Soviet policy that allowed for private ownership of manufacturing, service-oriented, and foreign trade businesses was known as the "New Economic Policy" (NEP), introduced by Vladimir Lenin in 1921. The NEP aimed to revitalize the economy after the disruptions of the Russian Civil War by reintroducing some elements of capitalism, such as allowing small private enterprises to operate alongside state-run industries. This policy marked a significant shift from previous policies that emphasized complete state control over the economy, facilitating a degree of private ownership and entrepreneurial activity.

Related Questions

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 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 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 caused the Soviet's Left Opposition great concerns during the NEP?

Writing from exile, Leon Trotsky recalled the problems that the Soviet's Left Opposition saw in the administration of the New Economic Policy, the NEP. Trotsky recalls that at the Eleventh Party Congress in 1923, that Lenin was forced to explain the need for bourgeois politicians and managers to make the NEP "work". This, Trotsky warned was a demonstration of how the Bolshevik Party was losing its Bolshevism.


What is the birth name of Elana Nep?

Elana Nep's birth name is Elana Simone Nep.


How tall is Elana Nep?

Elana Nep is 5' 2".


When was NEP Broadcasting created?

NEP Broadcasting was created in 1984.


When was NEP Telephone created?

NEP Telephone was created in 1900.


What has the author Jennifer Clibbon written?

Jennifer Clibbon has written: 'The Soviet press and grass-roots organization: the Rabkor movement, NEP to the First Five Year Plan'


When was Elana Nep born?

Elana Nep was born on August 2, 1981, in Vancouver, British Columbia, Canada.


How do you Determine the Nep Impurities in the Fabric?

Nep is produced by poor ginning quality or spinning process handled poorly of fiber, immature cotton or dead cotton.Discriminant method is as follows: (1) Nep in the yarn, regardless of yellow, white, round, flat, big or small, if it can be identified by the examiner 's eyesight,we called it nep. (2) Fibers gathered into a group, regardless of loose and tight, are called nep. (3) Neps formed by immature cotton, dead cotton (pieces, lices,strips), are called nep. (4)Though yellow and white fiber are not formed nep, it formed flock and part of them wrapped around the yarn is called nep. (5) Adhesional neps, are called nep. (6) Neps with impurities, we called them neps,not impurities. (7) All thick cotton yarn evenness, checked according to evenness, not neps.


How do you pronounce Neptune?

Nep-Tune