ALL meanings of new economic policy
new ec·o·nom·ic pol·i·cy
N n - noun new economic policy (in the Soviet Union) a program in effect from 1921 to 1928, reviving the wage system and private ownership of some factories and businesses, and abandoning grain requisitions. 1
- noun new economic policy an economic programme in the former Soviet Union from 1921 to 1928 that permitted private ownership of industries, etc 0