new economic policy in English
method of managing economic affairs that was introduced in the Soviet Union in the 1920s, policy allowing a small degree of private enterprise while the state remained in control of the general economic situatio
Use "new economic policy" in a sentence
1. Most of the policies were established in the Malaysian New Economic Policy (NEP) period.
2. The foundation of the bank was part of the implementation of the New Economic Policy.
3. He became the foremost supporter of the New Economic Policy (NEP), to which he was to tie his political fortunes.
4. This marked the end of the New Economic Policy (NEP), which had allowed peasants to sell their surpluses on the open market.
5. For the first time since Vladimir Lenin's New Economic Policy, the law permitted private ownership of businesses in the services, manufacturing, and foreign-trade sectors.
6. Following the race riots of the May 13 Incident, underground Communist activists operating in the towns and rural areas launched a word–of–mouth campaign which targeted ethnic Chinese youths who were disaffected with the Alliance government's pro-Malay affirmative action policies particularly the New Economic Policy.