New Economic Policy (NEP)
- New Economic Policy (NEP)
-
Economic policy of the Soviet Union (1921–28).
A temporary retreat from the failed
War Communism policy of extreme centralization and doctrinaire socialism, the new measures included the return of most agriculture, retail trade, and light industry to private ownership (though the state retained control of heavy industry,
banking,
transport, and foreign trade) and the reintroduction of money into the economy. The policy allowed the economy to recover from years of war. In 1928 chronic grain shortages prompted Joseph Stalin to begin to eliminate private ownership of farmland and to collectivize agriculture under state control, effectively ending the NEP. By 1931 state control was reimposed over all industry and commerce.
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Universalium.
2010.
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New Economic Policy — For the Malaysian New Economic Policy, see Malaysian New Economic Policy. Soviet Union This article is part of the series: Politics and government of the Soviet Union … Wikipedia
New Economic Policy — (in the Soviet Union) a program in effect from 1921 to 1928, reviving the wage system and private ownership of some factories and businesses, and abandoning grain requisitions. * * * New Economic Policy noun The Soviet economic programme from… … Useful english dictionary
New Economic Policy — (NEP) Faced with massive peasant rebellions, Vladimir Lenin agreed to an armed truce with the countryside in 1921. The New Economic Policy ended the forced expropriation of the peasants’ grain crop and allowed them to sell their produce on an… … Historical dictionary of Russian and Soviet Intelligence
New Economic Policy — (in the Soviet Union) a program in effect from 1921 to 1928, reviving the wage system and private ownership of some factories and businesses, and abandoning grain requisitions. * * * ▪ Soviet history (NEP) the economic policy of the… … Universalium
Malaysian New Economic Policy — Under the Malaysian New Economic Policy, Bumiputras are given discounts on real estate. History of Malaysia … Wikipedia
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New Economic Policy — Die Neue Ökonomische Politik (Abk. NEP; russ.: НЭП Новая экономическая политика, NEP Nowaja ekonomitscheskaja politika) war ein wirtschaftspolitisches Konzept in der Sowjetunion, das Lenin und Trotzki 1921 gegen erheblichen Widerstand in der… … Deutsch Wikipedia
New Economic Policy — noun a Soviet economic program, in effect 1921–28, reviving the wage system and private ownership of some factories and businesses, and abandoning grain requisitions. Abbrev.: NEP …
Malaysian economic policy under Prime Minister Najib — marks a significant shift away from the state oriented economic programmes of past governments. Contents 1 New Economic Model 2 Economic liberalization 3 Reform of government subsidies … Wikipedia
Nep. — or Nep «nehp», noun. the New Economic Policy of the government of the former Soviet Union, in effect from 1921 to 1928, modifying some of the more extreme communistic policies put into effect by Lenin in 1921 and allowing some businesses to be… … Useful english dictionary
