The New Economic Policy

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7 Terms

1
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what was the new economic policy?

increasing the joy and wealth of the people by allowing money and trading by the state backing off

2
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how successful was the NEP?

very as it brought back normalcy and a functioning and happy society

3
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what was the scissor crisis?

agriculture prices going down but industrial prices going up so industry couldn’t expand

4
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what were NEP men?

private traders and entrepreneurs

5
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what were peasants now allowed to do?

keep the surplus that they produce and sell it at markets

6
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why was the NEP so divisive amongst communist leaders?

it was seen as a departure from communism

7
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who was a specific leader against the NEP?

Trotsky