Russia, Lenin to Yeltsin: Industry & Agriculture - SEVENTH FIVE YEAR PLAN

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  • SEVENTH FIVE YEAR PLAN
    • 1959-1965
    • Discovery of new mineral resources
      • Shift from coal --> OIL AND GAS
    • Focus on consumer goods
    • 1958: 166,000 tonnes synthetics 1965: 666,000 tones synthetics
    • 1961: First Man in Space -  Yuri Gagarin
    • Annual growth rate = 7.1%
    • Poor quality of goods
    • 1964: Economic growth slowed

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