Which describes Vladimir Lenins new ecomic policy?

Vladimir Lenin's New Economic Policy (NEP), introduced in 1921, aimed to revive the Soviet economy after the devastation of the Russian Civil War. It replaced the policy of War Communism by reintroducing limited market mechanisms and private ownership in agriculture and small businesses, allowing peasants to sell their surplus produce and incentivizing economic activity. The NEP sought to stabilize the economy and gain popular support while maintaining state control over major industries and banks. Ultimately, it marked a pragmatic shift towards a mixed economy to ensure the survival of the Bolshevik regime.