What resulted from Lenin's New Economic Policy?
1 Answer
Lenin's New Economic Policy allowed private ownership of goods, for peasants to be able to sell surplus grain and pay tax instead of being requisitioned, freer trade, and for people to be able to profit from small businesses.
One of its effects was that peasants had an incentive to produce more grain, since they gained benefits, and because of this production increased by 40% after the previous famine of 1921-22.
Another was that NEP reform allowed especially qualified people to have positions in the government and intelligentsia, e.g. railway construction or cost accounting.
With these rose a new class of NEPmen, people who had taken the advantage of private trade and small business, employing small numbers of workers and helping to meet state demands for goods and services for some time.
