NEP Flashcards

1
Q

When was NEP implemented

A

1921-1928

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2
Q

What did NEP entail

A

Allowed private ownership of small industries

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3
Q

What were the positives of NEP

A
  • production rose
  • rationing ended
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4
Q

What stats prove production improved

A

Production 1926= production 1913

Grain production rose 205% in 1922

Grain production rose a further 110% by 1923

cereal production increased 23% from 1920-23

factory production reached pre 1914 level by 1926

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