The new economic policy
- Created by: Holliehunt
- Created on: 26-02-20 20:56
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- what was it?
- peasants would pay a small amount of grain in tax each year
- the new economic policy
- promoted by the politburo as a 'temporary deviation' and a 'tactical retreat'
- many thought it was a betrayal of the October revolution
- war communism and the NEP
- Denationalisation of small-scale enterprise and return to private ownership
- continuation of state control of heavy industry
- rejuvenation of trade
- return to encouragement of forein trade
- end to grain requisitioning
- impact
- industrial output increased rapidly NEPmen - responsible for 60% of trade
- partial militarisation of labour, people forced to work purely to feed the war
- rural areas starved due to forced requisitioning - didn't want to grow more than needed
- promoted by the politburo as a 'temporary deviation' and a 'tactical retreat'
- Any surplus grain could be sold - leading to some becoming more wealthy (kulaks)
- small factories allowed to make a profit
- NEPmen: make and sell goods at a profit
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