What approach did he follow?
He continued Stalins 5 year Plans
When was the 5th 5 year plan?
1951-55
What was the positive of the 5th?
Rapid growth
Especially in agricultural equipment for VLC
What was the negative of the 5th?
Allocation of resources to projects of limited success
Eg. Hydroelectrics
When was the 6th 5 year plan?
1956-60
What was the positives of the 6th?
What was the negatives of the 6th?
Over optimistic targets
= led to plan being largely abandoned after 2 years
When was the 7th 5 year plan?
1961-65
What were the positives of the 7th?
What were the negatives of the 7th?
Growth rates had slowed
- especially conceded to rivals, the USA