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June 15, 2024
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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