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What Was the Effect of Lenin's 1921 New Economic Policy

Question 11

Multiple Choice

What was the effect of Lenin's 1921 New Economic Policy (NEP) ?


A) It encouraged peasants to sell their surpluses in free markets and allowed private traders and small manufacturers to do business again.
B) It permitted heavy industry, banks, and railroads to reappear under private ownership.
C) It established five-year plans under which the state would direct the capitalist economy.
D) It emphasized an agricultural revolution that would feature a mechanization of the production process.

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