Question

Who implemented the New Economic Policy (NEP)?

• A. Lenin
• B. Metternich
• C. Bismarck
• D. Stalin

Hint:

Think “NEP = Lenin’s 1921 relief policy.”

Answer 1

The Correct Option is A

Step 1: Background.
After the Russian Civil War, the Soviet economy collapsed. To revive it, Lenin introduced the New Economic Policy (NEP) in 1921.
Step 2: Policy features.
It allowed limited private trade, small businesses, and relaxed state control to revive agriculture and industry.
Step 3: Eliminate wrong options.
(B) Metternich: Austrian statesman, unrelated.
(C) Bismarck: German Chancellor, unrelated.
(D) Stalin: Lenin’s successor, introduced collectivization, not NEP.
Step 4: Conclusion.
Correct answer: (A) Lenin.