EVENT INFORMATION

16
Maart
1921

New Economic Policy replaces requisition with tax in kind

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๐Ÿ“… 16 Maart 1921 ๐Ÿ“ Rusland

The Tenth Party Congress approved the New Economic Policy (NEP), replacing compulsory grain requisition with a tax in kind and permitting limited private trade. It responded to peasant resistance, economic collapse and urban shortages. NEP revived markets without restoring political pluralism or ending state control of major industry and finance.

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Personen in deze gebeurtenis

Vladimir Lenin

Organisaties in dit Evenement

Russian Communist Party

Sovnarkom