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Events on Monday 21 March 1921 1
1921New Economic Policy introducedLenin shifts Soviet Russia from war communism to limited marketsThe Tenth Congress of the Russian Communist Party adopted the New Economic Policy, replacing forced grain requisitioning with a tax in kind and permitting small private trade. The policy aimed to revive an economy devastated by civil war and war communism. It remained in force until Stalin's collectivization drive at the end of the 1920s.