Which of the Following Was the Most Prominent Beneficial Effect

question 62

Multiple Choice

Which of the following was the most prominent beneficial effect of the New Economic Policy (NEP) ?

• A)The recovery of Russian agriculture to prewar levels of prosperity.
• B)The increase of agricultural goods,especially food,flowing into Russian cities.
• C)Greatly increased public faith in the communists' ability to manage the Soviet economy.
• D)The sudden leap forward in Soviet industrial production.
• E)The increased support for the communists from the wealthy landowners,the kulaks.

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Definitions:

Regulatory Oversight

The supervisory activities conducted by a governmental or regulatory body to ensure compliance with laws, regulations, and standards.

Professional Management

The act of overseeing and making decisions about investments by experts on behalf of clients.

Arbitrage Profits

Earnings generated from buying and selling identical or similar securities, currencies, or commodities in different markets to exploit price differences.

Positive Basis

In futures trading, a situation where the spot or cash price of a commodity is lower than the future price, indicating expectations of higher future prices.