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It depends on what your aims are.

A five year plan is a medium term plan or strategy a country or a company might make out.

It sets out your goals and how you intend to achieve them.

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15y ago

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What kind of plan did Stalin use to modernize the USSR?

Stalin's plans were called the Five Year Plans.


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Joseph Stalin started the Five Year Plans.


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failures of five year planning in india


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Joseph Stalin started five year plans to modernize Russia.


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Where did the Five-year plans originate?

The Five-year plans originated in Soviet Russia in late 1920s and were later embraced by China, India and other countries.


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The five-year plans of the 1930s are primarily associated with communism, particularly in the context of the Soviet Union under Joseph Stalin. These plans aimed to rapidly industrialize the economy and increase agricultural production through state control and centralized planning. In contrast, capitalism emphasizes private ownership and market-driven economies, which are fundamentally different from the goals and methods of the five-year plans. Thus, the five-year plans are a hallmark of communist economic strategy.


When was Five Year PLan started in India?

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