Question

Which of the following were achievements of the Five Year Plans? Select all that apply.

Answer 1

Answer:

What were the goals of Stalin's 5 year plan?

Stalin's First Five-Year Plan, adopted by the party in 1928, called for rapid industrialization of the economy, with an emphasis on heavy industry. It set goals that were unrealistic—a 250 percent increase in overall industrial development and a 330 percent expansion in heavy industry alone

Explanation:

Achievements: National Income and Balance of Payment: The plan envisaged an average annual compound growth rate of 5.7 per cent. Against this projected growth, the economy experienced a rate of growth of 5.2 per cent in 1969-70, 4.2 per cent in 1970-71, 1.7 per cent in 1971-72, and 0.6 per cent in 1972-73.