War Communism and the NEP (New Economic Policy)
• Summer of 1918 War Communism was instituted
• Industry was nationalized
• Compulsory labour was brought in
• Private trade was suppressed
• Peasants were forced to hand over their entire produce except bare essentials• By 1921 Lenin realized War
• Communism was not causing a recovery
• He brought in the NEP
• Some private trade was permitted
• Peasants could sell surplus
• Small factories could be purchased by a co-operative for private ownership
• Industry was nationalized
• Compulsory labour was brought in
• Private trade was suppressed
• Peasants were forced to hand over their entire produce except bare essentials• By 1921 Lenin realized War
• Communism was not causing a recovery
• He brought in the NEP
• Some private trade was permitted
• Peasants could sell surplus
• Small factories could be purchased by a co-operative for private ownership
It was almost forbidden in the Soviet Union to study the New Economic Policy.
- Anatoly Chubais
- Anatoly Chubais