The New Economic Policy brought some relief from "summary" of A People's Tragedy by Orlando Figes
The New Economic Policy (NEP) was introduced by the Bolshevik government in March 1921, after years of economic hardship and social unrest in Russia. The policy marked a significant shift in the Soviet Union's economic strategy, allowing for a limited return to capitalist practices in an effort to revive the struggling economy. Under the NEP, small-scale private enterprise was permitted, along with the reestablishment of markets and trade. This marked a departure from the strict state control and nationalization of industry that had characterized the early years of Bolshevik rule. The NEP brought some relief to the Russian population, particularly in the countryside where the policy had the most immediate impact. Peasants were allowed to sell their surplus produce on the open market, leading to increased food production and greater availability of goods. This resulted in improved living conditions for many rural families, who had suffered greatly during the years of civil war and economic disruption. The NEP also helped to stabilize the currency a...
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