Question

Why did vladimir lenin launch his new economic policy in 1922

Answer 1

To introduce elements of private enterprise to the Soviet economy (for all my apex users)

Answer 2

Until 1921, the Russian economy was completely mutilated and destroyed by war communism. Socialism did not start in good light, so Lenin became worried about the overall state of the economy. the war of communism that lasted from 1918 to 1921 brought the economy to a complete collapse. In March 1921, the Kronshtadt Rebellion happened, which convinced Lenin that changes in the economy should be made. Thus, in 1922. he revised economic policy and introduced the so-called new economic policy (NEP). The peasants were allowed to sell part of their property for profit, and traders were allowed to engage in business. He was thinking that it would last for decades, but only seven years later in 1928. Lenin's successor, Stalin, centralized the economy and again nationalized a huge part of the economy.