(Yau first month's Eve), March 8, 1921, the Russian Communist Party (Bolshevik) "16" to convene, decided to implement the "new economic policy".

new economic policy is the implementation of the economic policy of the Soviet Union in the years 1921-1936. To distinguish it from the policy of War Communism and naming.
1921 March 8 to 16, the Russian Communist Party (Bolshevik) was held in Moscow in the 10th Congress. Surplus-appropriation system instead of in-kind tax Lenin as "report, the General Assembly adopted a resolution of the transition to the new economic policy, which is a major reform of the socialist construction.
new economic policy: (a) instead of the surplus-appropriation system with fixed food tax surplus grain after taxes returned to agriculture is at their disposal; (b) by the confiscation of private capital into the implementation of state capitalism, to take Concession System and loan system in two forms, also allows partial restoration of small private enterprises; (c) by repealing physical rationing, the implementation of commodity trading. a new economic policy
the Soviet Union, the alliance of workers and peasants have been consolidated, and the rapid recovery and development of industrial and agricultural production, the establishment of the socialist economic base.