The Second Five Year Plan 1958-1962

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The Second Five Year Plan, 1958-1962

  • Absurd targets, a target of 100million tons of steel by 1977
  • Anti Rightist campaign, no intellectuals to help with economy 
  • Backyard Furnaces, very bad 
  • by 1962 production had decreased by 40%
  • Wheat production fell to 14% by 1962 
  • Grain production fell by 50% from 1958 to 1962
  • Rice fell by 30%
  • Steel fell 12% in two years
  • Coal output fell

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