The NEP
- Created by: gemshort
- Created on: 20-04-18 19:34
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The NEP was introduced in March 1921 because of the famine, the Krondstadt Mutiny and the economic failures of War Communism
Key features
- Grain requisitioning replaced by a tax-in-kind (fixed at a lower level than requisitioning)
- Markets reintroduced to ensure there were things for peasants to buy to encourage them to sell
- Peasants allowed to…
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