jan 1, 1921 - New Economic Policy Implemented
Description:
- introduction of a tax-in-kind, permitted peasants to dispose of their food surpluses on the open market- denationalization of small-scale industry and services
- establishment of trusts for supplying, financing, and marketing the products of large-scale industry
- stabilization of the currency
Added to timeline:
Date:
jan 1, 1921
Now
~ 103 years ago
