Question

What are five year plan

Answer 1

The five-year plans for the development of the national economy of the Soviet Union (USSR) (Russian: Пятиле́тние пла́ны разви́тия наро́дного хозя́йства СССР, Pjatiletnije plany razvitiya narodnogo khozyaystva SSSR) consisted of a series of nationwide centralized economic plans in the Soviet Union, beginning in the late 1920s. The Soviet state planning committee Gosplandeveloped these plans based on the theory of the productive forces that formed part of the ideology of the Communist Party for development of the Soviet economy. Fulfilling the current plan became the watchword of Soviet bureaucracy (see Overview of the Soviet economic planning process).