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Five Year Plan Essay Examples

Essay on Five Year Plan

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India's First Five Year Plan

The protection that these industries were given from foreign competition made India a high cost and technologically stagnant economy. In conclusion, it can be seen that only 25% of the plan expenditure was directed towards the rural economy which comprised 70% of the labour force of the country. Government employees and white and blue collar employees of public and private large-scale industries w...

First Five Year Plan

In conclusion the first year plan differed slightly in the way that the second and third refined their priorities from heavy industry to solely focus on military spending and creating a war economy instead of the initial priority of industrialisation. However the overall inefficiencies seen by the chaotic planning and poor implementation of all the plans, combined with their social failures, such ...

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Second five year plan in 1958 by Mao Zedong

The Five Year Plan also aimed to increase food output from China's farms by turning them into co-operatives. The Agarian Reform Law of 1950 gave land to about 300 million peasants, About half of whom were able to farm their land by themselves. The rest, whose fields were too small or who did not own farming tools banded together in mutual-aid teams, sharing equipment and animals. The government re...

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