The New Economic Policy Flashcards
(6 cards)
1
Q
When was the NEP established
A
March 1921
2
Q
Why was the NEP established
A
Faced with economic collapse and rebellion, Lenin felt compelled to make a radical turnaround
3
Q
What did the NEP entail
A
- Private ownership of some land was reintroduced
- Private trading was allowed on a small scale
- Wages were paid in cash
- A small amount of privitisation was reintroduced
4
Q
The result of NEP
A
NEP worked better than expected and by 1922 there was food in the markets and life in the cities
5
Q
What increased during the NEP period
A
Censorship, attacks on rivals, show trials, secret police, crushing of revolts, and attacks on the church all increased
6
Q
What were the Bolsheviks telling the public
A
The Bolsheviks told the people that more introduction of privitisation and democracy would bring capitalism which would be bad for workers