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1.3 - Economic policies: New Economic Policy

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Question
Answer
During War Communism, what did Lenin realise?   That change was necessary, but he would need to persuade other leading Bolsheviks.  
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What did 'other leading Bolsheviks' see that War Communism had done?   Put into practice some of the basic ingredients of communism.  
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As 'other leading Bolsheviks' viewed War Communism as having put into practice some of the basic ingredients of communism, what did Lenin have to persuade them?   That Russia was not ready for this.  
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To win back the support of the peasants and industrial workers (that had been lost with War Communism), what did Lenin have to do?   Change the harsh policy.  
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What was the New Economic Policy (NEP)?   Started by Lenin in 1921, the NEP allowed peasants some control over their land and the sale of their crops. It was introduced to get the support of the peasants, even though it went against communist theory.  
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What was introduced in March 1921?   The New Economic Policy (NEP).  
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When was the New Economic Policy (NEP )introduced?   March 1921  
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What did the NEP involve?   Taking a step back from communist ideas.  
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With the NEP, what did the government stop doing?   Taking surplus crops.  
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With the NEP, what could the peasants do?   Sell their surplus food for a profit, with the peasants paying a 10% tax in kind - to be paid in crops.  
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With the NEP, what happened to industry?   The government let most industry be run privately but kept control of the largest industries. Private owners were allowed to make a profit.  
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In general, what happened with the NEP?   People could buy and sell, and money became important in the economy again.  
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What did Lenin argue about the NEP?   That it should be a temporary measure. The government should aim to regain control of the economy when it was more secure.  
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What was the outcome of the NEP?   The policy worked. Production did increase.  
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What has been suggested about the NEP?   That all it could do was to bring the country back to the level of production just before the First World War.  
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