New Economic Policy Flashcards
(11 cards)
What major agricultural policy was abolished under the New Economic Policy (NEP)?
Grain requisitioning.
What change was made to peasant production targets under the NEP?
Targets were significantly lowered, allowing peasants more freedom.
What were peasants allowed to do with surplus grain under the NEP?
Sell it on the open market.
What happened to rationing and private trade under the NEP?
Rationing ended and the ban on private trading was lifted.
What were small businesses allowed to do under the NEP?
Open legally and make profits.
Which sectors of the economy did the state continue to control under the NEP?
Heavy industry and banking.
How did the NEP appear to some observers?
It looked like a return to capitalism.
How did Lenin justify introducing the NEP despite its capitalist elements?
He called it a temporary step—“One step back; Two steps forward.”
What did Zinoviev say about the NEP?
He described it as a “temporary deviation” from socialist principles.
Why did Lenin believe the NEP was necessary?
For pragmatic reasons, to save the economy and retain power—similar to his reasoning for the Treaty of Brest-Litovsk.
How did other Bolsheviks initially feel about ending War Communism?
Many were reluctant, so Lenin had to persuade them that the NEP was a necessary measure.
