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The five-year plans of India were centralised economic and social growth programmes
modelled after those prevalent in ______.
the USSR
the US
Germany
Norway
- India's five-year plans were inspired by the economic models of centralized planning.
- Option 1: the USSR
- The USSR was known for its ambitious centrally planned economic programs.
- India adopted this model post-independence to boost its economy and manage resources effectively.
- Option 2: the US
- The US primarily followed a capitalist economy with less centralized planning.
- Option 3: Germany
- Germany had its unique economic approaches, especially post-World War II, but not centered around five-year plans.
- Option 4: Norway
- Norway follows a mixed economy but didn't influence India's five-year plans.
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