1921day.year
The New Economic Policy is implemented by the Bolshevik Party in response to the economic failure as a result of war communism.
Lenin introduced the New Economic Policy to revive the Soviet economy by reintroducing limited market measures.
In March 1921, the Bolshevik leadership instituted the New Economic Policy (NEP) to address the severe economic breakdown caused by civil war and war communism. The NEP reinstated private trade, allowed small-scale private enterprises, and relaxed grain requisitioning from peasants. This pragmatic shift stabilized food supplies and revitalized industry. Urban markets reopened, and agricultural production recovered. While hailed as a temporary solution, the NEP reshaped Soviet economic planning and set the stage for future debates over centralization. It remained in force until the late 1920s when Stalin reversed course toward collectivization.
1921
New Economic Policy
Bolshevik
war communism
1934day.year
The landmark Australian Eastern Mission led by John Latham departs on its three-month tour of East and South-East Asia.
John Latham led the Australian Eastern Mission in 1934, a three-month diplomatic and trade expedition to East and Southeast Asia.
In March 1934, Australian attorney-general and minister for external affairs John Latham embarked on the Eastern Mission, accompanied by government officials and business leaders. The three-month tour covered China, Japan, Malaya, the Philippines, and other key Asian territories. Its purpose was to strengthen diplomatic relations and explore new trade opportunities amid global economic uncertainty. The mission delivered reports on political developments, market potential, and Australian export interests. Latham’s findings influenced Australia’s foreign policy and commercial strategies in the Asia-Pacific region. The expedition marked one of the earliest formal engagements between Australia and its Asian neighbors. Historians view the mission as a milestone in Australia’s shift towards an Asia-focused outlook.
1934
Australian Eastern Mission
John Latham
2006day.year
The social media site Twitter (now officially named X) is founded.
Twitter is founded, launching a new era of social media microblogging.
On March 21, 2006, the social media platform Twitter was launched from San Francisco, introducing a novel approach to online communication through 140-character messages. Created by Jack Dorsey, Biz Stone, and Evan Williams, Twitter allowed users to post and share brief updates in real time. Its hashtag and retweet features quickly fostered new forms of public conversation and community building. Twitter grew rapidly, attracting millions of users worldwide and transforming news, politics, and popular culture. The platform played a pivotal role in mobilizing social movements, enabling citizen journalism, and shaping digital marketing strategies. Over time, Twitter evolved its features and expanded its character limit to meet user needs. The founding of Twitter marked the beginning of a global phenomenon in social media and information sharing.
2006
social media
Twitter