Question

What was a five year plan? Why was it introduced​

Answer 1

Answer:

The First Five-Year Plan was one of the most important, because it had a great role in the launching of Indian development after Independence. Thus, it strongly supported agriculture production and also launched the industrialization of the country (but less than the Second Plan, which focused on heavy industries).

Explanation:

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Answer 2

Answer:

The Five Year Plan: Soviet economic practice of planning to augment agricultural and industrial output by designated quotas for a limited period usuallt five years.

Introduced: The First-Five Year Plan (1933-37)was one of the most important, because it had a great role in the launching of Indian development after Independence.