How did Russia plan to improve the economy after ww1?

History

1 answer:

NikAS [45]3 years ago

5 0

I got this from a website. But I will put it here to make it fair.

In the context of the Russian economy’s spectacular collapse under the strain of the First World War and the 1917 revolution, this article analyses the two main phases of economic strategy in Soviet territory between the October Revolution and the de facto completion of the post-war economic recovery in 1925: War Communism and the New Economic Policy (NEP). It highlights a plan from 1920 to import a huge quantity of railway equipment to show that the Bolshevik regime regarded War Communism as a viable system for delivering industrial modernisation, and that the NEP marked an enforced retreat from such optimistic planning. The article stresses the need for more research to clarify the nature of economic activity in non-Bolshevik areas during the civil war.

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