The New Economic Policy in the Soviet Union was developed in 1921 by:
A) Karl Marx.
B) Vladimir Lenin.
C) Joseph Stalin.
D) Marshal Tito.

Question

Quizplus · Accepted Answer

The New Economic Policy (NEP) was developed in 1921 by Vladimir Lenin, the first leader of the Soviet Union. It was a response to the economic crisis caused by the Russian Civil War and aimed to reintroduce some elements of capitalism to revive the economy while still maintaining government control over key industries.

The New Economic Policy in the Soviet Union Was Developed