Prepare a debate report on new economic policy (for and against)
Answers
Answer:
The government's New Economic Policy, which has been in operation now for close to a year, raises a number of issues. Has the strategy of meeting the balance of payments crisis been correct? Are the domestic stabilisation policies on the right lines? Are the elements of the structural reform programme correctly addressed to meeting the real problems of the economy? Was the timing of the stabilisation and structural reform policies appropriate? Most important, should these policies be seen to be not working, what are the choices still open to the country?
Answer:
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Explanation:
In the historiography of the USSR the term New Economic Policy (NEP) can refer specifically to the economic policy changes initiated by the Tenth Congress of the Communist Party in March 1921 or generally to the entire period of 1921 to 1927. As economic policy, NEP involved legalization of some private trade, as well as concessions to peasant farmers aimed at increasing agricultural output. But the term NEP has also become part of the periodization of Soviet history. Most scholars accept a division of early Soviet history into the periods of civil war (1918–1921), the New Economic Policy (1921–1927), and the First Five-Year Plan (1928–1932). In this schema NEP is often presented as a time of economic decentralization and relative cultural pluralism sandwiched between the more repressive eras of the civil war and the First Five-Year Plan. Hope it will be helpful to you ☺️☺️ byeee