History, asked by pintusoren972, 9 months ago

modetary reforms under New economic policy​

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Answered by pratham950
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The New Economic Policy (NEP) was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that would include "a free market and capitalism, both subject to state control,", while socialized state enterprises would operate on "a profit basis"

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