NEP Flashcards
1
Q
When was NEP implemented
A
1921-1928
2
Q
What did NEP entail
A
Allowed private ownership of small industries
3
Q
What were the positives of NEP
A
- production rose
- rationing ended
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