The New economic policy
-By 1921 Lenin realized war Communism was not causing a recovery
-He brought in the NEP
-Some private trade was permitted
-Peasants could sell surplus
-Small factories could be purchased by a co-operative for private ownership
-Some parts of the industry began to recover under the NEP
-Capitalism
- He needed a rebound so he allowed some co-operative factories to produce and sell
-He brought in the NEP
-Some private trade was permitted
-Peasants could sell surplus
-Small factories could be purchased by a co-operative for private ownership
-Some parts of the industry began to recover under the NEP
-Capitalism
- He needed a rebound so he allowed some co-operative factories to produce and sell
summary
The New Economic Policy (NEP), introduced by Lenin, represented a major departure from the party's previous approach to running the country. During the civil war, the Soviet state had assumed responsibility for acquiring and redistributing grain and other foodstuffs from the countryside, administering both small- and large-scale industry, and other economic activities. Subsequently dubbed (by Lenin) "War Communism," this approach actually was extended in the course of 1920, even after the defeat of the last of the Whites. Many have claimed that War Communism reflected a "great leap forward" mentality among the Bolsheviks, but desperation to overcome shortages of all kinds, and particularly food, seems a more likely motive.