What Did Lenins New Economic Policy Do?
Lenin’s New Economic Policy was, on a most basic level, a relaxation of strict socialism into a loose market society. Free trade was hesitantly encouraged. Lenin hoped that this injection of capitalism into the economy would drag Soviet Russia up by its bootstraps and pave the way for pure socialism after an adequate waiting period. document.getElementById(‘adsense_placeholder_2’).innerHTML = document.getElementById(‘adsense_ad_2_hidden’).innerHTML; What Were the Results of Lenin’s New Economic Policy? Trade, manufacturing, and even agriculture began to boom. Eateries and shops were set up quickly and offered goods that had previously been absent from market stalls. Peasants who worked the land began to innovate with new technologies and procedures to offer market crops. Enterprising individuals were everywhere; of course this meant that there were cutthroat businessmen who could buy and sell anything for profit, specifically for their own gain. These were the so-called Nepmen who flau