The NEP Flashcards
(11 cards)
What was the Gosplan
• A state general planning commission from 1921, which helped coordinate economic development alongside the Veshenka
•from 1925 It created economic plans and policies
What was the new economic policy?
• it replaced war communism, and aimed to introduce capitalist elements in Russia to stimulate economic growth, and food shortages
What were nepmen?
•Traders who sought to exploit the NEP by buying surplus produce from peasants and selling it in towns for profit
• it’s estimated they controlled 75% of retail trade by 1923
How was Gosplan formally established
•By Sovnarkom decree in February 1921
Who supported Lenin’s decree?
•Zimoviev, Bukharin and other Bolshevik leaders
What did Lenin know the Bolsheviks would view the NEP as?
• an ideological betrayal
Did the NP solve fundamental problems in the Soviet economy?
• no
What were the features of NEP?
• it ended requisition of grain under the ban of private trading was removed
• peasants were still required to give a quote of grain to the state, but they were allowed to sell any surplus grain for profit
• collective farming was no longer enforced, and peasants were allowed to work for their own benefit not the states
• Control of heavy industries, such as cold oil and steel to maintain the water a
•production of small scale industries would return to private ownership
• rationing was ended and employers were required to pay their workers
• although they didn’t have to pay standard wages
What were the economic impacts of the NEP?
• industrial production began to recover, but mainly in private industries
• agricultural production recovered more than industrial
• this was due to the peasants ego take advantage of selling surplus gain
What class was created as a result of the NEP?
• The Kulak class- wealthy peasants that could own land
What were the aggregate prices like by summer of 1923?
• they were lower than industrial prices for the first time since October 1922
