Key term for Edexcel GCSE History, used in The Bolsheviks in Power.
Lenin's 1921 economic policy that reintroduced elements of capitalism, such as small-scale private trade and a tax in kind, to rescue the economy.
New Economic Policy appears in Edexcel GCSE History revision content for Russia and the Soviet Union, especially The Bolsheviks in Power and Economic and Social Change.
Create a free account to access Edexcel GCSE History revision notes, track progress, and practise related key terms.