Question

what was the new economic policy of lenin

Answer 1

1.The New Economic Policy, or NEP, was a revised economic strategy, developed and introduced by Lenin in early 1921 – a time when the Bolsheviks faced rising opposition and rebellion. 2. The NEP replaced war communism as the Soviet regime's official economic policy.

Answer 2

The new economic policy was an economic policy of Soviet Russia proposed by Vladimir Lenin in 1921 as 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 socialised state enterprises would operate on a profit basis..
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