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- The New Economic Policy (NEP) in Soviet Russia123:
- Created a new category of people called NEPmen (nouveau riches).
- Restored production after War Communism.
- Was abandoned by Joseph Stalin in 1928 with the Great Break.
- Stalin wanted rapid industrialization and control of rural areas, and he opposed the idea of capitalism which he believed the NEP supported.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The NEP created a new category of people called NEPmen (нэпманы) (nouveau riches). Joseph Stalin abandoned the NEP in 1928 with the Great Break, his policy of forced collectivization of agriculture and rapid industrialization.www.newworldencyclopedia.org/entry/New_Econo…The New Economic Policy (NEP), adopted in 1921 to supplant War Communism, restored production but did not reverse the trend toward a Stalinist denouement. On the contrary, it only accelerated the “degeneration” of the October Revolution.jacobin.com/2019/12/new-economic-policy-stalinis…Stalin wanted the USSR to rapidly industrialise as he feared attack from the capitalist West and he wanted to control the rural areas. Ideologically, he was opposed to the idea of capitalism which he believed the NEP supported. Stalin believed in Marxist principles.www.gcsehistory.com/faq/fiveyearplan.html - People also ask
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New Economic Policy - Wikipedia
The New Economic Policy (NEP) (Russian: Новая экономическая политика (НЭП), romanized: Novaya ekonomicheskaya politika) was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that … See more
In November 1917, the Bolsheviks seized control of key centres in Russia. This led to the Russian Civil War of 1917–1922, which pitted the Bolsheviks and their allies against the See more
Lenin considered the NEP as a strategic retreat from socialism. He believed it was capitalism, but justified it by insisting that it was a different type … See more
After the New Economic Policy was instituted, agricultural production increased greatly. In order to stimulate economic growth, farmers were given the opportunity by the … See more
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The laws sanctioned the co-existence of private and public sectors, which were incorporated in the NEP, which was a state oriented "mixed economy". The NEP represented a move away from full nationalization of certain parts of industries. Some … See more
By 1924, the year of Lenin's death, Nikolai Bukharin had become the foremost supporter of the New Economic Policy. The USSR abandoned NEP in 1928 after Joseph Stalin obtained … See more
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