The Fourth Five-Year Plan

Successes

• 80% of investment went into heavy industry and industrial output rose by 80% between 1945 and 1950
• Some factories and mines, particularly in the metal-producing regions of the Ukraine and Siberia, exceeded pre-war production rates by 1950
• Output rose significantly in oil, coal, electricity and steel production, e xceeding the planned targets
• Production of consumer goods improved and living standards grew steadily
• Large-scale…