Lenin Economic Policies Failed To Improve Industry 1918-28

Question 1

State Capitalism

Answer 1

• Nationalised Industry
• Small factories managed by workers or back to capitalists
• Hugely unpopular - same as before

Question 2

War Communism

Answer 2

• Money + trade abolished, all industry nationalised
• Industrial output fell - workforce 3m to 1.2m
• 1920 industrial output 31% 1913 output

Question 3

NEP

Answer 3

• Industrial growth back to 1913 levels though plateaued
• Scissors Crisis, industry suffers
• Unpopular as too capitalist eg nepmen profiteering