Topic 5: New Economic Policy Flashcards
1
Q
Martin McCauley
A
If War Communism was a leap into socialism then the NEP was a leap out of socialism
2
Q
Christopher Hill
A
a Brest Litovsk on the economic front
3
Q
Date
A
8-16 March 1921
4
Q
On Party Unity
A
Banned factions within the party
5
Q
Adcock
A
a comfortable balance between state-run big business and privately-owned small enterprise
6
Q
Lenin on the situation
A
What is needed now is an economic breathing spell
7
Q
Basically what was introduced
A
End to grain requisitioning
Private trade allowed, but government retained control over key industries
Currency returned