From 1921-1924, Russia experienced a period called the New Economic Policy, which essentially was a return to the market as an allocative mechanism.

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The New Economic Policy (NEP) introduced in 1921 by the Soviet government allowed for limited free-market capitalism, encouraging private enterprise while maintaining state control over key industries. It was a departure from the centrally planned economy of War Communism that had been in place during the Russian Civil War.

From 1921-1924, Russia Experienced a Period Called the New Economic