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    History GCSE

    New Economic Policy (NEP)

    What New Economic Policy (NEP) means in History GCSE, as defined for Pearson Edexcel.

    Definition of New Economic Policy (NEP)

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    Reference: Pearson Edexcel

    A policy allowing private farming that Stalin saw as a retreat to capitalism and that led to a grain procurement crisis by 1927.
    Pearson Edexcel · Option 30: Key topic 4: Economic and social changes, 1924–41 - 1 Agriculture and collectivisation (study guide)

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