Glossary
Definitions of terms used throughout CountryReports.
This glossary contains 1,144 terms used throughout CountryReports — political, economic, cultural, historical, and geographic terminology referenced in country profiles and articles. Terms are drawn from authoritative sources including the Library of Congress.
- New Economic Policy (NEP; Novaya ekonomicheskaya politika in Russian)
- Instituted in 1921, it let peasants sell produce on an open market and permitted small enterprises (q.v.) to be privately owned and operated. The NEP declined with forced collectivization (q.v.) of farms and was officially ended by Stalin in December 1929.
- Source: Library of Congress

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