Asked by: Aray Mauryasked in category: General Last Updated: 13th March, 2020
Why did Lenin introduce new economic policy?
Also, why did Lenin introduce the New Economic Policy in 1921?
At this time (Mar., 1921) Lenin introduced the NEP in order to revive the economy. The new program signified a return to a limited capitalist system. Forced requisition of grain was replaced by a specific tax in kind; peasants could retain excess produce and sell it for a profit.
Subsequently, question is, who introduced the New Economic Policy? Lenin
Also know, what was the purpose of Lenin's New Economic Policy?
The main policy Lenin used was an end to grain requisitions and instead instituted a tax on the peasants, thereby allowing them to keep and trade part of their produce.
Why was the NEP introduced in Russia?
The New Economic Policy (NEP) was an attempt of the Bolsheviks to revive the Russian economy after years of War Communism. War Communism was the economic policy during the Russian Civil War from 1918 to 1921, the primary goal of which was to make sure the Red Army had enough food and supplies to win the civil war.