Under the Second Five-Year Plan (1933-37), the state devoted attention to consumer goods, and the factories built during the first plan helped increase industrial output in general. By the late 1930s, however, collectivized farms were performing somewhat better (after reaching a nadir during the period 1931-34).
The Second Five-Year Plan – 1933-37
Forced collectivisation had also led to food shortages, rationing and even famine. Many workers changed jobs regularly and skilled workers were in short supply.
In the Soviet Union the first Five-Year Plan (1928–32), implemented by Joseph Stalin, concentrated on developing heavy industry and collectivizing agriculture, at the cost of a drastic fall in consumer goods. The second Five-Year Plan (1933–37) continued the objectives of the first.
Second Plan (1958–1962)
Encouraging the economic growth of China through industry, agriculture, handicrafts, transportation and commerce. Cultivating cultural and scientific development of the Chinese people. Strengthening national defense and improving living standards in China.
The Second Five Year Plan was based on Mahalanobis Model. It was made from 1956 to 1961, under the leadership of Jawaharlal Nehru. Its main focus was on the industrial development of the country. P. C. Mahalanobis was a famous Indian statistician who founded the Indian statistical Institute.
The centenary of the founding of the People's Republic of China in 2049, at which point, China will have become a "strong, democratic, civilized, harmonious, and modern socialist country" according to the People's Daily.
A period of five years from 1956 to 1961 marked the Second Five Year Plan for India where the development of 'public sector' and 'quick Industrialisation' was the central focus. Read on to learn more about this concept.
The First Five-Year Plan was declared a success by Stalin in 1932, about 10 months earlier than planned, having exceeded the production goals for heavy industry. In spite of these declarations of success, the plan failed to meet all the quotas and had an enormous human toll.
During the planning period, the highest growth rate was achieved during the 10th five years plan. Five Years Plan: The Indian economy has been focused on the concept of economic planning since 1947.
Third Five Year Plan was a failure due to India-China war followed by Indo-Pakistan. Third Five Year Plan (1961-66) aimed to make India's economy 'self-reliant' and 'self-generating'. It has faced a lot of political and economic crisis.
The second Five-Year Plan (1933–37) continued the objectives of the first. Collectivization, coupled with other Stalinist policies, led to terrible famines that caused the deaths of millions of people.
Out of the 12 Five-Year Plans that were implemented, seven failed to achieve their target. The reasons for this failure include shortage of resources and faulty implementation of plans.
Stalin called for an "atheist five year plan" from 1932 to 1937, led by the LMG, in order to eliminate all religious expression in the USSR. It was declared that the concept of God would disappear from the Soviet Union.
The Third Five-Year Plan, begun in 1938, produced poorer results because of a sudden shift of emphasis to armaments production in response to the worsening international climate. All in all, however, the Soviet economy had become industrialized by the end of the 1930s.
In all, there were thirteen Soviet five-year plans. The first ran from the autumn of 1928 to 1933; at that time the accounting year began in October with the end of the harvest. The third plan (1938-1942) was interrupted in mid-1941 by World War II. Five-year planning began again with the fourth (1946-1960).
The Plan resulted in radical measures that forced farmers to give up their land and their livestock. Many people were reduced to extreme poverty and famine became widespread. Terror, violence, and fear replaced the initial optimism about the Plan.
China's first Five-Year Plan was successful in increasing the country's economic growth and expanding key industries, including iron, steel and coal production and machine building. It also initiated China's shift towards a socialism. Industrial production increased at an average annual rate of 19% between 1952-1957.
Others interpret setbacks as a sign that they're a failure and give up. The result is the same: They stay stuck. You can move forward confidently in your career without a five-year plan. You can still be successful while doing it from a place of agility and resiliency, not pushing and forcing.
It set the following tasks: to increase the volume of industrial production almost twofold, to create large state reserves and mobilization reserves, primarily for fuel and defense products; to increase the production of agricultural products by 1.5 times. The main focus was still on heavy industry.
The second Five-Year Plan (1976–80)
It also gave priority to reconstruction and new construction while attempting to develop agricultural resources, to integrate the North and the South, and to proceed with communization. Twenty years were allowed to construct the material and technical bases of communism.
The First Five-Year Plan (1953–57) emphasized rapid industrial development, partly at the expense of other sectors of the economy. The bulk of the state's investment was channeled into the industrial sector, while agriculture, which occupied more than four-fifths of the economically active population, was forced to…
In addition to its low labor costs, China has become known as "the world's factory" because of its strong business ecosystem, lack of regulatory compliance, low taxes and duties, and competitive currency practices.
What is MCF? MCF is the CCP's strategy to develop the People's Liberation Army (PLA) into a "world class military" by 2049. Under MCF, the CCP is systematically reorganizing the Chinese science and technology enterprise to ensure that new innovations simultaneously advance economic and military development.
Some consensus has concluded that China has reached the qualifications of superpower status, citing China's growing political clout and leadership in the economic sectors has given the country renewed standings in the International Community.