Question

explain modernization as a goal of five year plans​

Answer 1

Answer:

The goals of Five Year plans are growth, modernisation, self-reliance and equity. Growth: It refers to an increase in the countries' capacity to produce the output of goods and services within the economy. The right indication for growth of an economy is steady increase in the Gross Domestic Product (GDP)

Answer 2

 The goals of Five Year plans are growth, modernisation, self-reliance and equity. Growth: It refers to an increase in the countries' capacity to produce the output of goods and services within the economy. The right indication for growth of an economy is steady increase in the Gross Domestic Product (GDP).