The Importance of the Black Market Economy in Russia

The impact of this economic liberalization was visible right away. After years of deprivation, suddenly, retail commerce was back. But there is a point here we can't miss. The n e p does not so much re introduce markets into a place where they had ceased to exist, as it did permit the black market economy to emerge into the full light of day. In the towns and cities across russia, private businesses came back,. Not just retail shops, but cafes and restaurants, night clubs and casinos. Encouraged with the prospect of profit, people started up local cottage industries to manufacture things that wanted and needed. And the most infamous new class to emerge from this period are known to