The New Economic Policy
- by 1921 Lenin realized war communism was not causing a recovery, he brought in the NEP
- some private trade was permitted
- peasants could sell surplus
- small factories could be purchased
- The industry began to recover under the NEP
Quotes
"The best way to destroy the capitalist system is to debauch the currency."- Vladimir Lenin
Summary
Lenin brought in the NEP so that the industry could recover after war communism.
Subjunctive question
What if war communism continued?
"The best way to destroy the capitalist system is to debauch the currency."- Vladimir Lenin
Summary
Lenin brought in the NEP so that the industry could recover after war communism.
Subjunctive question
What if war communism continued?