1st 5 year plan 1952-56

  • Created by: KimNoel
  • Created on: 01-02-19 13:38

1st five year plan 1952-56

Why was it not immediately introduced:

  • Mao regarded the establishment of a much stronger industrail base - vital for Chinas development of world power.
  • This meant that an economic plan couldn't be launched immediately due to: Communists had to consolidate their political control, they had to reduce annual inflation rate from 1,000% which they inherited. The need to reward the peasants for their support by arranging land redistribution - all these took proirity over the economic plan - also their was a high military spending which caused the dely.

The USSR's financial and technical support

Why they used the Soviet model:

  • The soviet russia was still of inspiration to Chinese Communists
  • 1949 - Mao said he


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