Russian Revolution: Scissor Crisis

  • Created by: Ari3l
  • Created on: 11-03-20 10:47

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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