Sunday, 3 January 2016

The Five Year Plan - the fourth

1946 - 1950

The Aim

The aim was to recover after the war because for example
  • Industry only produced two thirds of what it used to
  • There were 25 million homeless in 1945
So 88% of investment went into heavy industry

The Result
  • 80% increase in heavy industry production
  • 1945 - 1950 soviet economy grew more than most others
  • But farming not so good due to drought and a lack of labourers

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