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Question

Centralised planning was first adopted in the economy of _____.

A
Russia
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B
Poland
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C
China
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D
India
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Solution

The correct option is A Russia

A process of centralised planning was introduced in Russia as the Russian economy had suffered losses in the civil war. There were targets set for five years to develop the economy. These were the five years long plans that boosted the economy and industrial growth in Russia.


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