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New Economic Policy Jesse Quigley.

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Presentation on theme: "New Economic Policy Jesse Quigley."— Presentation transcript:

1 New Economic Policy Jesse Quigley

2 What is NEW ECONOMIC POLICY & Who created it
The New Economic Policy (NEP) was introduced in 1921 to replace the failed policy of War Communism. War communism left Russia in a horrible state. Lenin helped Russia’s economy in a huge way by creating the NEP. However when World War One started, the economy in Russia was devastating. Then slowly rose after new trade systems in The economy was nearly 9 times better than it was before World War One. What is NEW ECONOMIC POLICY & Who created it

3 After 1917-18, land was reapportioned
After , land was reapportioned. The huge estates of Nicholas II’s power were now divided up. The extremes of poverty and riches in the countryside had diminished. In 1913, the area of sown land was 105 million hectares. By 1922, this had dropped to 77.7 million hectares but by 1925 had recovered to million hectares. In 1913, the number of horses on farms was 35.5 million. By 1922, this had dropped to 24.1 million but by 1925, the number of horses stood at 27.1 million In 1913, the number of pigs on farms was 20.3 million. By 1922, this had dropped to 12 million but by 1925, the number of horses stood at 21.8 million. In 1913, the amount of grain grown was 80 million tons. By 1922, it had risen to 50.3 million tons and by 1925, the figure stood at million tons Facts

4 As shown by statistics. Food was the most important aspect of living for Russia as they had huge problems with the lack of food during the Revolution and also before. Russia took a turn for the better after Lenin introduced the New Economic Policy. Even known Russia’s Economy was crippled after World War One, Food still rose and so did the trade system. The trade System made around 60% of Russia’s wealth due to the trade pf things like coal, grain and other miscellaneous items. However, due to Lenin’s poor health and Stalin rising to power, Stalin later abolished the New Economic System in 1928. As a Result

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