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NEP (feb 27, 1921 – feb 27, 1928)

Description:

New Economic Policy was introduced, because of which the economy revived due to several changes such as the increase in production and motivation. Trading with Europe was also important, due to which the USSR was officially recognized.

Added to timeline:

5 Jun 2023
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Date:

feb 27, 1921
feb 27, 1928
~ 7 years