New Course
The New Course (German: Neuer Kurs) was an economic policy that aimed to improve the standard of living, increase the availability of consumer goods and lower the price of foodstuffs by returning small businesses and farms to the private sector in East Germany (the GDR). == History == The New Course was initiated in the Soviet Union, but would be applied to the satellite countries under its influence, including the GDR. The Council of Ministers believe the previous mistakes made should be corrected.