Lenin Economy
- Created by: maddieoakes17
- Created on: 23-05-18 12:19
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- Lenin Economic
- inherited an under-developed economy from Tsars
- State Capitalism
- controlled means and level of production- but with little major interference
- small, private trade allowed
- pragmatic move by Lenin to try to develop economy
- large businesses still partially owned by lenin
- NEP
- another pragmatic move by Lenin
- ensured that communists remained in power by appeasing peasants economically
- ended grain requisitioning, allowing peasants to sell any surplus for profit
- War Communism
- after NEP, realised greater control was needed
- mainly aimed to assist the countries economy and military in times of war
- nationalisation of large enterprises
- denationalisation of smaller enterprises
- some Bolsheviks viewed it as a betrayal of socialist policies
- forced requisitioning of agriculture
- left peasants significantly worse off, some resulted to cannibalism to survive
- removed trade restrictions
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