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Lenin's New Economic Polley (NEP) :
permitted some capitalism and profit
eliminated all shopkeepers
limited the amount of grain one could harvest
was best described as laissez-faire capitalism
After the Russian Civil War, Lenin set up NEP. NEP permitted some capitalism, as shopkeepers were allowed to keep small profits. However, the government remained in control of most production in the factory system.
By: Gagandeep Singh ProfileResourcesReport error
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