NEP (New Economic Policy).

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  • Created by: T Colby
  • Created on: 27-04-16 15:07
What did NEP replace as Bolshevik economic policy?
War Communism.
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What was NEP intended for?
To meet Russia's urgent need for food.
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What had failed to increase grain production?
Grain requisitioning (state terror).
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Why did Bolsheviks unanimously support Lenin's NEP policy?
Due to the famine and grim economic situation in Russia.
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What were the five features of War Communism?
Central economic control to be relaxed, grain requisitioning to be abandoned, peasants allowed to keep food and sell it, public markets restored and money reintroduced as a trading means.
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What replaced grain requisitioning?
Tax in kind.
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What did NEP make the economy?
Partly capitalist and partly socialist.
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What did NEP show?
That the Bolsheviks had not created a successful economy along ideological lines.
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What did Trotsky describe NEP as?
"The first sign of the degeneration of Bolshevism".
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What did the Bolshevik objectors of NEP think that it was creating?
A new class of profiters known as Nepmen.
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Where and when was NEP announced?
At the Tenth Party Conference in 1921.
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By what year had NEP made a notable recovery to the Russian economy?
1924.
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What was the Scissors Crises, 1923?
The gap between agricultural and industrial growth was growing. Agriculture was booming whereas industry was not growing as fast.
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Who declined to serve on a special Scissors Committee set up by the Central Committee at the height of the crises in October 1923?
Trotsky.
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by what year had industry recovered from the 1921 depression?
1924.
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Other cards in this set

Card 2

Front

What was NEP intended for?

Back

To meet Russia's urgent need for food.

Card 3

Front

What had failed to increase grain production?

Back

Preview of the front of card 3

Card 4

Front

Why did Bolsheviks unanimously support Lenin's NEP policy?

Back

Preview of the front of card 4

Card 5

Front

What were the five features of War Communism?

Back

Preview of the front of card 5
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