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Question : The New Economic Policy was introduced by:

Option 1: Lenin

Option 2: Stalin

Option 3: Kerensky

Option 4: Khrushchev


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Lenin


Solution : The correct answer is Lenin.

Vladimir Lenin suggested the New Economic Policy (NEP), a Soviet economic strategy, in 1921 as a short-term remedy for the Russian economy. The National Economic Plan (NEP) was a short-term retreat from War Communism, which had destroyed the country's economy. The NEP, which was first proposed in March 1921.

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