Features: More centrally planned
-Price subsidies on industry
-Extended to policy of agriculture
-Higher production of quotas
More emphasis on developing computer technology and chemical and plastic industries
Advantages: Economy grew nearly 6%
-Industrial proudction almost 45%
-Become the USSR's main trading partner
Problems: -No improvement in international - didn't live up to high expectations - pressure on overtaking the FRG - Overtaking the FRG placed too much emphasis on industry, not enough on consumer goods
Abandoned: Whilst Ulbricht was on holiday, Honecker introuced a Politburo resolution which reversed ESS and intoduced central planning etc.
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