How Did the "New Economic Policy" of 1921 Derivate from Socialist

question 6

Multiple Choice

How did the "New Economic Policy" of 1921 derivate from socialist orthodoxy?

• A)It allowed for a degree of private ownership and market incentives.
• B)It called for free trade between Russia and Western Europe.
• C)It made military spending a higher priority than other kinds of spending.
• D)It instituted the requisitioning of grain from peasant communities.
• E)It banned foreign investment in Russia's economy.

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Definitions:

Bourgeoisie

a class of people in a capitalist society who own the means of production and thus have economic and social power over the working class or proletariat.

Analyzed authority

The process of examining and questioning the basis, nature, and effects of authority within various social structures and institutions.

Power

The faculty or proficiency to control or impact the actions of people or the development of circumstances.

Aboriginal self-government

The right and ability of Indigenous peoples to govern themselves, make decisions about their own affairs, and maintain their cultural practices and institutions.