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feb 5, 1953 - First Five Year Plan, 1953-1957

Description:

-Objective = industrialize and collectivize
-Soviet experts = well educated, highly paid and sent to China to help set up China's new economy --> Expert Model of Industrialization
-Emphasis on heavy industry
-Collectivization:
-Mutual Aid Teams(1953) = 4-10 families plan farming together as group
-Lower APC (1954) = 2-300 ppl plan farming together as group but profits determined by contributions, machinery, tools, number of works worked and how much produced --> work points
-Higher APCs (1956) = 2000 ppl/ family units do not control their own land, machinery, etc and profits determined by work points

Added to timeline:

6 months ago
0
0
118
SS Midterm 2

Date:

feb 5, 1953
Now
~ 66 years ago
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