The New Economic Policy Flashcards
what was the idea behind the NEP
pragmatic policy - never meant to be permanent
regarded as a “deviation” by Zinoviev
crucial to increase the output of supplies
what were the four main ideas behind the NEP
grain requisitioning was abolished
ban on private trade was removed
small businesses were reopened
state control of heavy industry remained
what was grain requisitioning replaced with
peasants gave a fixed amount of grain to the state
a lot less was taken than during the war
able to sell surplus grain
what was the idea behind the removing the ban on private trade
rationing was abolished
privately owned shops were allowed to reopen
people had to buy food and goods out of their own income
what was the idea behind small businesses reopening
people were allowed to make a profit
lenin realised the peasants would not sell their grain if there was no attractive goods for them to buy
what did the state keep control of
heavy industry, including coal steel and oil
transport and banking systems