Did Lenin allow private business

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2026-08-07 00:16

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Yes, Lenin allowed limited private business through the New Economic Policy (NEP) introduced in 1921. The NEP aimed to revitalize the Soviet economy by permitting small-scale private enterprises and allowing farmers to sell their surplus produce. While large industries remained under state control, the policy represented a significant shift from the previous War Communism approach, facilitating some degree of market activity and private ownership. However, the state retained significant influence over the economy overall.

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