Aftermath of ECW- Unit 3 Flashcards
1
Q
NEP quote:
A
‘We are prepared to let the peasants have their little bit of capitalism as long as we keep the power’.
2
Q
What were the features of the NEP?
A
- Central economic control relaxed.
- Grain requisitioning replaced with tax.
- Peasants could keep their surplus and sell it for profit.
- Denationalisation of small-scale enterprise.
- What Lenin thought were capitalist aspects. Shows lack of success in creation of economy on ideological lines.
3
Q
Bolshevik objections to NEP:
A
- Trotsky thought war communism was fundamental for revolution.
- Trotsky- ‘first sign of degenerate Bolshevism’.
- Peasants got rich from NEP, ‘Nepmen’.
- Lenin worried about this, created ‘One Party Unity’, banned factionalism, so he couldn’t face opposition.
- All other political positions other than Bolsheviks banned.
4
Q
Bukharin’s role:
A
- Most enthusiastic supporter of NEP.
- Enrich yourself in the NEP.
- Peasants with more money would stimulate industry.
5
Q
Successes of NEP:
A
- By 1924, Russia had made a marked recovery.
- Grain had a production increase 37%.
- Average wage of worker doubled.
- 1923, Nepmen responsible for 60% of retail trade, but did annoy people.
6
Q
Problem of NEP:
A
- ‘Scissor crisis’. 1923.
- Industry failed to expand as quick as agriculture.
- 1922-23, good weather and increase in harvests meaning prices were lowered. But industrial good prices did not drop, unemployment in urban areas.
- Peasants had to sell goods for lower cost, couldn’t make enough for industrial goods.
7
Q
Recovery from scissor crisis:
A
- Oct 1623, retail price of industrial goods began to fall from critically high level of that month.
- Industry recovered by 1924.