Russian Revolution: Scissor Crisis

Scissor Crisis: name for the incident of 1923 Soviet History during the New Economic Policy when there was a widening gap between the industrial and agricultural prices. 

New Economic Policy:

• This was the economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient (plan). 
• Lenin characterized the NEP in 1922 as an ecomonic system that would include a "free market and capitalism both subject to the state control."
• This was during the period where the Bolsheviks were facing rising opposition and rebellion
• This was an attempt by the Bolsheviks to revive the Russian Economy after years of War Communism 
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