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Why was the New Economic Policy introduced in 1921 and why was it scrapped in 1928?
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Why was the New Economic Policy introduced in 1921 and why was it scrapped in 1928? " The real meaning of the New Economic policy is that we have met a great defeat in our plans and that we are now making a strategic retreat... Before we are utterly smashed, let us retrace our steps and begin to build on a new foundation," - said Lenin in his speech on the 22nd of October 1921. His speech is considered to be one of the frankest admissions of failure ever made by a leader of a great nation. It is clear that the general reason of NEP's introduction was to find a substitute for War Communism policy. What requires investigation is the conditions Russia was in by 1921? At the same time in this essay I will try to explain NEP's pluses and minuses as well as why was it scrapped in...
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