Five Year Plans
- Created by: elle1999
- Created on: 21-04-16 12:21
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- Five Year Plans
- First Five Year Plan 1228-32
- heavy industry
- Consumer goods ignored
- Targets too high
- Not much of work force skilled.
- Second FYP 1933-37.
- Slightly more focus on consumer goods
- Economy grew by 17%
- Third FYP 1938-41
- Military weapons
- Coal production incraesed
- Technical expertise.
- Fourth FYP
- 1946-50
- Focus on heavy industry
- Return to pre war economy.
- Fifth Five Year Plan
- 1951-1955
- More focus on consumer goods.
- Military budget increased.
- Price reduction and wage increases.
- Sixth Five Year Plan 1951- 55
- More focused on light industry such as chemicals and technology.
- First Five Year Plan 1228-32
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