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New Economic Policy (29 janv. 1921 – 23 janv. 1924)

Description:

The New Economic Policy was enacted by Lenin. Russia was in a bad economic state after a quick shift to communism and a war. Seeing that communism was going to bankrupt Russian business, Lenin knew he had to change. It brought back capitalism. The biggest change this brought about was returning to a money based economy. Lenin had always intended to end the capitalism in business once the economy got back on its feet, but he died, Stalin took over, and Russia became a super capitalist country.

Ajouté au bande de temps:

Date:

29 janv. 1921
23 janv. 1924
~ 2 years and 11 months

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