Question : The New Economic Policy was introduced by:
Option 1: Lenin
Option 2: Stalin
Option 3: Kerensky
Option 4: Khrushchev
Answer (1)
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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